Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Sees Significant Drop in Short Interest

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 50,348 shares, a drop of 44.5% from the September 15th total of 90,722 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 154,963 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Several hedge funds have recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 3rd quarter worth about $1,011,000. RFG Advisory LLC lifted its position in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 2.4% during the 2nd quarter. RFG Advisory LLC now owns 31,951 shares of the company’s stock valued at $1,249,000 after purchasing an additional 750 shares during the period. Citadel Advisors LLC acquired a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 2nd quarter valued at about $320,000. Proficio Capital Partners LLC boosted its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 26.7% in the 2nd quarter. Proficio Capital Partners LLC now owns 183,165 shares of the company’s stock valued at $7,158,000 after purchasing an additional 38,550 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its stake 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.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Performance

BATS XDTE opened at $37.80 on Friday. The stock has a market capitalization of $346.63 million, a P/E ratio of 24.81 and a beta of 0.99. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 52 week low of $35.87 and a 52 week high of $44.81. The stock has a fifty day moving average of $38.67 and a 200-day moving average of $38.78.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Company Profile

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.