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 large increase in short interest during the month of July. As of July 31st, there was short interest totaling 19,970 shares, an increase of 498.4% from the July 15th total of 3,337 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 34,633 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. increased its position in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock worth $65,000 after buying an additional 980 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter worth approximately $316,000. Jane Street Group LLC increased its holdings in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% during the 1st quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock worth $576,000 after acquiring an additional 7,281 shares during the last quarter. Wolverine Trading LLC bought a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter valued at $1,847,000. Finally, Centaurus Financial Inc. acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 1st quarter valued at $2,551,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Price Performance

XPAY traded down $0.81 during trading on Wednesday, reaching $53.37. 47,660 shares of the stock were exchanged, compared to its average volume of 71,303. The stock’s 50 day moving average price is $53.09 and its two-hundred day moving average price is $52.52. 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.

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.