Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Update

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 7,828 shares, a decrease of 41.4% from the May 31st total of 13,352 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 104,121 shares, the short-interest ratio is presently 0.1 days.

Roundhill S&P 500 Target 20 Managed Distribution ETF Trading Down 0.2%

Shares of NYSEARCA XPAY traded down $0.13 during mid-day trading on Thursday, hitting $53.28. 103,058 shares of the stock traded hands, compared to its average volume of 75,490. Roundhill S&P 500 Target 20 Managed Distribution ETF has a twelve month low of $47.35 and a twelve month high of $56.51. The firm has a 50 day simple moving average of $53.60 and a two-hundred day simple moving average of $52.74.

Institutional Trading of Roundhill S&P 500 Target 20 Managed Distribution ETF

A number of hedge funds have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after buying an additional 7,281 shares during the period. Wolverine Trading LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter worth approximately $1,847,000. Citadel Advisors LLC bought a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter worth approximately $316,000. Planning Directions Inc. bought a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 4th quarter worth approximately $229,000. Finally, Geneos Wealth Management Inc. increased its position in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after acquiring an additional 980 shares during the period.

About Roundhill S&P 500 Target 20 Managed Distribution ETF

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.