Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Shares Shorted: Short Interest Up 85.4% in October

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 23,819 shares, an increase of 85.4% from the October 15th total of 12,849 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 42,275 shares, the days-to-cover ratio is currently 0.6 days.

Roundhill Bitcoin Covered Call Strategy ETF Stock Down 3.6%

Shares of BATS YBTC traded down $0.58 during mid-day trading on Friday, reaching $15.53. The company had a trading volume of 161,644 shares, compared to its average volume of 107,943. Roundhill Bitcoin Covered Call Strategy ETF has a one year low of $15.36 and a one year high of $34.40. The business’s 50-day simple moving average is $18.28 and its 200 day simple moving average is $19.62.

Institutional Investors Weigh In On Roundhill Bitcoin Covered Call Strategy ETF

A hedge fund recently bought a new stake in Roundhill Bitcoin Covered Call Strategy ETF stock. Group One Trading LLC purchased a new stake in Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,100 shares of the company’s stock, valued at approximately $59,000.

Roundhill Bitcoin Covered Call Strategy ETF Company Profile

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.