Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Down 87.2% in May

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 1,353 shares, a decline of 87.2% from the April 30th total of 10,568 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 112,699 shares, the days-to-cover ratio is presently 0.0 days.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Up 0.3%

Shares of Roundhill S&P 500 Target 20 Managed Distribution ETF stock traded up $0.16 on Friday, reaching $55.00. The company’s stock had a trading volume of 42,347 shares, compared to its average volume of 74,149. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 52-week low of $47.35 and a 52-week high of $56.51. The stock has a 50-day moving average price of $51.91 and a 200-day moving average price of $52.91.

Institutional Trading of Roundhill S&P 500 Target 20 Managed Distribution ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. increased its position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after buying an additional 980 shares in the last quarter. Planning Directions Inc. purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the fourth quarter valued at approximately $229,000. Citadel Advisors LLC acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter worth approximately $316,000. Jane Street Group LLC boosted its stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the first 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. Finally, Wolverine Trading LLC acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter worth approximately $1,847,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

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.