Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Sees Significant Growth in Short Interest

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 243,439 shares, an increase of 116.3% from the May 31st total of 112,547 shares. Based on an average daily trading volume, of 208,932 shares, the short-interest ratio is presently 1.2 days. Currently, 2.7% of the company’s stock are short sold.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Performance

XDTE opened at $39.08 on Wednesday. The company has a market cap of $358.36 million, a PE ratio of 24.81 and a beta of 0.99. The stock has a 50-day moving average of $39.30 and a 200-day moving average of $39.41. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 52-week low of $35.87 and a 52-week high of $44.81.

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

A number of large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the second quarter valued at approximately $4,940,000. Centaurus Financial Inc. boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 3.0% during the 1st quarter. Centaurus Financial Inc. now owns 85,475 shares of the company’s stock worth $3,139,000 after buying an additional 2,500 shares during the period. RFG Advisory LLC boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 1.5% during the 1st quarter. RFG Advisory LLC now owns 31,201 shares of the company’s stock worth $1,146,000 after buying an additional 463 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 11.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 30,225 shares of the company’s stock worth $1,199,000 after buying an additional 3,031 shares during the period. Finally, Cetera Investment Advisers grew its stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 8.1% in the 1st quarter. Cetera Investment Advisers now owns 15,729 shares of the company’s stock valued at $578,000 after buying an additional 1,180 shares during the last quarter.

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.