Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Short Interest Down 36.4% in July

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 164,120 shares, a decline of 36.4% from the July 15th total of 257,858 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 179,171 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in XDTE. Osaic Holdings Inc. raised its position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% in the second quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock valued at $31,000 after buying an additional 500 shares in the last quarter. Group One Trading LLC acquired a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the fourth quarter worth approximately $44,000. Strive Financial Group LLC bought a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 4th quarter worth $146,000. PNC Financial Services Group Inc. increased its stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 35.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,600 shares of the company’s stock worth $301,000 after acquiring an additional 2,000 shares during the period. Finally, NewEdge Wealth LLC acquired a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 1st quarter valued at $353,000.

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

XDTE stock opened at $39.01 on Wednesday. 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. The company has a market capitalization of $357.72 million, a PE ratio of 24.81 and a beta of 0.99. The company’s 50-day simple moving average is $38.93 and its 200 day simple moving average is $38.85.

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.