Short Interest in Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Expands By 314.5%

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 257,858 shares, a growth of 314.5% from the June 30th total of 62,206 shares. Based on an average daily volume of 218,348 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.8% of the shares of the stock are sold short.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Trading Up 0.2%

Shares of XDTE opened at $38.12 on Friday. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 12-month low of $35.87 and a 12-month high of $44.81. The firm has a market capitalization of $349.56 million, a P/E ratio of 24.81 and a beta of 0.99. The firm has a 50-day moving average price of $39.13 and a 200 day moving average price of $38.98.

Institutional Investors Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

A number of hedge funds have recently bought and sold shares of XDTE. Jane Street Group LLC acquired a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the second quarter valued at $4,940,000. Centaurus Financial Inc. lifted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 3.0% in the 1st quarter. Centaurus Financial Inc. now owns 85,475 shares of the company’s stock valued at $3,139,000 after purchasing an additional 2,500 shares during the last quarter. RFG Advisory LLC lifted its stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 1.5% in the first quarter. RFG Advisory LLC now owns 31,201 shares of the company’s stock valued at $1,146,000 after buying an additional 463 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 11.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,225 shares of the company’s stock valued at $1,199,000 after acquiring an additional 3,031 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 8.1% in the first quarter. Cetera Investment Advisers now owns 15,729 shares of the company’s stock valued at $578,000 after acquiring an additional 1,180 shares during the period.

About Roundhill S&P 500 0DTE Covered Call Strategy ETF

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.