Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) Short Interest Update

Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 14,013 shares, an increase of 215.3% from the July 15th total of 4,444 shares. Based on an average daily volume of 32,312 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Roundhill GOOGL WeeklyPay ETF

An institutional investor recently bought a new position in Roundhill GOOGL WeeklyPay ETF stock. Group One Trading LLC purchased a new stake in shares of Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 750 shares of the company’s stock, valued at approximately $43,000.

Roundhill GOOGL WeeklyPay ETF Stock Performance

GOOW stock opened at $62.08 on Thursday. The stock’s 50 day moving average is $66.76 and its 200-day moving average is $68.35. Roundhill GOOGL WeeklyPay ETF has a twelve month low of $50.34 and a twelve month high of $83.17.

Roundhill GOOGL WeeklyPay ETF (BATS: GOOW) is an exchange-traded fund issued by Roundhill Investments that provides investors with targeted exposure to Alphabet Inc (GOOGL), the parent company of Google. The fund is listed on the Cboe BATS exchange under the ticker symbol GOOW and is offered as a single-issuer vehicle designed for investors seeking concentrated exposure to one of the largest U.S. technology companies.

As indicated by its name, the ETF is structured to deliver regular distributions on a weekly schedule, which may appeal to income-oriented investors who want periodic cash flow while maintaining equity exposure to Alphabet.