Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Short Interest Down 74.4% in June

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 62,206 shares, a drop of 74.4% from the June 15th total of 243,439 shares. Based on an average trading volume of 181,919 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are short sold.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Trading Up 0.5%

XDTE opened at $39.21 on Friday. The stock has a fifty day moving average price of $39.31 and a 200 day moving average price of $39.21. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 1 year low of $35.87 and a 1 year high of $44.81. The stock has a market cap of $359.56 million, a price-to-earnings ratio of 24.81 and a beta of 0.99.

Institutional Investors Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in XDTE. Osaic Holdings Inc. lifted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% during the 2nd quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock valued at $31,000 after buying an additional 500 shares during the last quarter. Group One Trading LLC acquired a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the fourth quarter worth approximately $44,000. Strive Financial Group LLC bought a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the fourth quarter valued at approximately $146,000. PNC Financial Services Group Inc. raised its position in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 35.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,600 shares of the company’s stock valued at $301,000 after acquiring an additional 2,000 shares in the last quarter. Finally, NewEdge Wealth LLC acquired a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the first quarter valued at approximately $353,000.

About Roundhill S&P 500 0DTE Covered Call Strategy ETF

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.