Roundhill Russell 2000 0DTE Covered Call Strategy ETF (BATS:RDTE) Short Interest Up 88.1% in May

Roundhill Russell 2000 0DTE Covered Call Strategy ETF (BATS:RDTE) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 301,524 shares, an increase of 88.1% from the May 14th total of 160,267 shares. Based on an average daily trading volume, of 93,140 shares, the days-to-cover ratio is presently 3.2 days. Currently, 7.5% of the shares of the company are short sold.

Roundhill Russell 2000 0DTE Covered Call Strategy ETF Price Performance

Roundhill Russell 2000 0DTE Covered Call Strategy ETF stock opened at $28.77 on Monday. Roundhill Russell 2000 0DTE Covered Call Strategy ETF has a 52 week low of $26.35 and a 52 week high of $34.77. The company’s 50 day moving average price is $28.57 and its two-hundred day moving average price is $29.42.

Hedge Funds Weigh In On Roundhill Russell 2000 0DTE Covered Call Strategy ETF

Several hedge funds have recently modified their holdings of the company. NewEdge Wealth LLC bought a new position in shares of Roundhill Russell 2000 0DTE Covered Call Strategy ETF during the 1st quarter worth approximately $225,000. Claro Advisors Inc. bought a new position in shares of Roundhill Russell 2000 0DTE Covered Call Strategy ETF during the 4th quarter worth approximately $265,000. HRT Financial LP bought a new position in shares of Roundhill Russell 2000 0DTE Covered Call Strategy ETF during the 4th quarter worth approximately $361,000. Centaurus Financial Inc. bought a new position in shares of Roundhill Russell 2000 0DTE Covered Call Strategy ETF during the 3rd quarter worth approximately $894,000. Finally, Jane Street Group LLC lifted its position in shares of Roundhill Russell 2000 0DTE Covered Call Strategy ETF by 69.5% during the 1st quarter. Jane Street Group LLC now owns 78,489 shares of the company’s stock worth $2,775,000 after buying an additional 32,193 shares in the last quarter.

Roundhill Russell 2000 0DTE Covered Call Strategy ETF Company Profile

The Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to provide a high weekly distribution to shareholders through an actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the Russell 2000 Index. RDTE was launched on Sep 10, 2024 and is issued by Roundhill.