Roundhill Daily 2X Long Magnificent Seven ETF (BATS:MAGX) Stock Short Interest Report for October

Roundhill Daily 2X Long Magnificent Seven ETF (BATS:MAGX) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 21,405 shares, a decrease of 81.8% from the October 15th total of 117,651 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily volume of 46,603 shares, the days-to-cover ratio is presently 0.5 days.

Roundhill Daily 2X Long Magnificent Seven ETF Trading Up 0.8%

Roundhill Daily 2X Long Magnificent Seven ETF stock opened at $55.80 on Thursday. Roundhill Daily 2X Long Magnificent Seven ETF has a 12 month low of $38.72 and a 12 month high of $66.62. The stock has a 50-day moving average price of $60.10 and a two-hundred day moving average price of $54.76.

Institutional Trading of Roundhill Daily 2X Long Magnificent Seven ETF

A hedge fund recently bought a new stake in Roundhill Daily 2X Long Magnificent Seven ETF stock. Simplex Trading LLC acquired a new stake in Roundhill Daily 2X Long Magnificent Seven ETF (BATS:MAGX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 720 shares of the company’s stock, valued at approximately $44,000.

Roundhill Daily 2X Long Magnificent Seven ETF Company Profile

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps. MAGX was launched on Feb 29, 2024 and is issued by Roundhill.