Short Interest in Roundhill COIN WeeklyPay ETF (BATS:COIW) Expands By 387.7%

Roundhill COIN WeeklyPay ETF (BATS:COIW) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 93,938 shares, a growth of 387.7% from the May 14th total of 19,261 shares. Approximately 21.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 184,796 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Roundhill COIN WeeklyPay ETF

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

Roundhill COIN WeeklyPay ETF Stock Performance

BATS COIW traded down $0.01 during trading on Friday, hitting $9.41. 130,575 shares of the stock traded hands, compared to its average volume of 139,854. The firm has a 50-day simple moving average of $12.20 and a 200-day simple moving average of $16.19. Roundhill COIN WeeklyPay ETF has a 12-month low of $8.69 and a 12-month high of $68.77.

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.