Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Update

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,337 shares, a decrease of 68.1% from the June 30th total of 10,464 shares. Based on an average trading volume of 68,440 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its holdings in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock worth $65,000 after buying an additional 980 shares during the last quarter. Planning Directions Inc. acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 4th quarter worth about $229,000. Citadel Advisors LLC bought a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at approximately $316,000. Jane Street Group LLC lifted its position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% during the 1st quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after acquiring an additional 7,281 shares during the period. Finally, Wolverine Trading LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter worth about $1,847,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Performance

NYSEARCA:XPAY traded up $0.05 on Monday, hitting $51.97. 45,739 shares of the stock were exchanged, compared to its average volume of 72,680. The company’s 50-day moving average price is $53.37 and its 200 day moving average price is $52.60. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 52 week low of $47.35 and a 52 week high of $56.51.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.