Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) Short Interest Update

Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 35,572 shares, a drop of 36.8% from the July 15th total of 56,301 shares. Based on an average daily volume of 42,373 shares, the short-interest ratio is currently 0.8 days. Currently, 13.2% of the shares of the stock are sold short.

Roundhill Magnificent Seven Covered Call ETF Price Performance

Roundhill Magnificent Seven Covered Call ETF stock opened at $41.15 on Wednesday. Roundhill Magnificent Seven Covered Call ETF has a 52 week low of $39.92 and a 52 week high of $57.67. The business’s fifty day moving average is $42.45 and its two-hundred day moving average is $45.46.

Hedge Funds Weigh In On Roundhill Magnificent Seven Covered Call ETF

A hedge fund recently bought a new position in Roundhill Magnificent Seven Covered Call ETF stock. OLD Mission Capital LLC bought a new position in shares of Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,449 shares of the company’s stock, valued at approximately $1,677,000. OLD Mission Capital LLC owned approximately 0.78% of Roundhill Magnificent Seven Covered Call ETF at the end of the most recent quarter.

Roundhill Magnificent Seven Covered Call ETF Company Profile

Roundhill ETF Trust – Roundhill Magnificent Seven Covered Call ETF is an exchange traded fund launched and managed by Roundhill Financial Inc The fund is co-managed by Exchange Traded Concepts, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.