Short Interest in Roundhill COIN WeeklyPay ETF (BATS:COIW) Drops By 42.9%

Roundhill COIN WeeklyPay ETF (BATS:COIW) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 53,670 shares, a drop of 42.9% from the May 31st total of 93,938 shares. Based on an average daily volume of 195,005 shares, the days-to-cover ratio is currently 0.3 days. Currently, 12.5% of the company’s shares are sold short.

Roundhill COIN WeeklyPay ETF Price Performance

Shares of COIW opened at $8.09 on Wednesday. The business’s 50-day moving average price is $11.31 and its 200 day moving average price is $14.67. Roundhill COIN WeeklyPay ETF has a 1-year low of $7.75 and a 1-year high of $68.77.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Exchange Traded Concepts LLC raised its holdings in shares of Roundhill COIN WeeklyPay ETF by 308.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 833,779 shares of the company’s stock valued at $16,559,000 after acquiring an additional 629,774 shares during the period. OLD Mission Capital LLC lifted its position in shares of Roundhill COIN WeeklyPay ETF by 44.6% in the 4th quarter. OLD Mission Capital LLC now owns 30,955 shares of the company’s stock valued at $615,000 after acquiring an additional 9,547 shares in the last quarter. Centaurus Financial Inc. acquired a new position in Roundhill COIN WeeklyPay ETF in the 3rd quarter worth approximately $104,000. Finally, Simplex Trading LLC acquired a new position in Roundhill COIN WeeklyPay ETF in the 4th quarter worth approximately $27,000.

About Roundhill COIN WeeklyPay ETF

The Roundhill COIN WeeklyPay ETF (COIW) is an exchange-traded fund that trades on the BATS exchange in the United States.