Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Sees Large Growth in Short Interest

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 10,675 shares, an increase of 35.2% from the December 15th total of 7,895 shares. Based on an average daily trading volume, of 30,103 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,103 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

A hedge fund recently bought a new stake in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC purchased a new position in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,920 shares of the company’s stock, valued at approximately $258,000. Advisors Preferred LLC owned about 0.35% of Roundhill Sports Betting & iGaming ETF as of its most recent SEC filing.

Roundhill Sports Betting & iGaming ETF Trading Down 3.2%

Shares of Roundhill Sports Betting & iGaming ETF stock traded down $0.64 on Monday, hitting $19.55. 10,617 shares of the company traded hands, compared to its average volume of 16,838. Roundhill Sports Betting & iGaming ETF has a 12-month low of $16.73 and a 12-month high of $25.48. The company has a market cap of $57.09 million, a P/E ratio of 22.62 and a beta of 1.35. The firm’s 50-day simple moving average is $21.04 and its 200 day simple moving average is $22.80.

Roundhill Sports Betting & iGaming ETF Company Profile

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.