Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Short Interest Update

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 14,653 shares, a drop of 97.5% from the July 30th total of 579,348 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 81,384 shares, the days-to-cover ratio is presently 0.2 days.

Roundhill Bitcoin Covered Call Strategy ETF Trading Up 0.6%

Roundhill Bitcoin Covered Call Strategy ETF stock traded up $0.11 on Tuesday, hitting $18.27. The company’s stock had a trading volume of 75,361 shares, compared to its average volume of 123,026. Roundhill Bitcoin Covered Call Strategy ETF has a one year low of $16.30 and a one year high of $46.93. The company has a fifty day moving average price of $17.61 and a 200-day moving average price of $19.95.

Institutional Trading of Roundhill Bitcoin Covered Call Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. bought a new position in Roundhill Bitcoin Covered Call Strategy ETF during the fourth quarter worth about $27,000. Simplex Trading LLC acquired a new position in shares of Roundhill Bitcoin Covered Call Strategy ETF in the 4th quarter worth approximately $92,000. NewEdge Advisors LLC acquired a new position in shares of Roundhill Bitcoin Covered Call Strategy ETF in the 2nd quarter worth approximately $712,000. IMC Chicago LLC bought a new position in shares of Roundhill Bitcoin Covered Call Strategy ETF during the 4th quarter worth approximately $863,000. Finally, Jane Street Group LLC bought a new position in shares of Roundhill Bitcoin Covered Call Strategy ETF during the 2nd quarter worth approximately $1,148,000.

Roundhill Bitcoin Covered Call Strategy ETF Company Profile

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.