Short Interest in Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) Rises By 329.0%

Roundhill Magnificent Seven Covered Call ETF (BATS:MAGYGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 103,011 shares, a growth of 329.0% from the May 31st total of 24,012 shares. Based on an average daily trading volume, of 72,754 shares, the days-to-cover ratio is currently 1.4 days. Currently, 38.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Roundhill Magnificent Seven Covered Call ETF

A hedge fund recently bought a new stake in Roundhill Magnificent Seven Covered Call ETF stock. OLD Mission Capital LLC acquired a new stake in shares of Roundhill Magnificent Seven Covered Call ETF (BATS:MAGYFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,449 shares of the company’s stock, valued at approximately $1,677,000. OLD Mission Capital LLC owned about 0.78% of Roundhill Magnificent Seven Covered Call ETF as of its most recent SEC filing.

Roundhill Magnificent Seven Covered Call ETF Stock Performance

Shares of MAGY opened at $41.48 on Friday. Roundhill Magnificent Seven Covered Call ETF has a 1 year low of $40.86 and a 1 year high of $58.34. The stock’s fifty day moving average price is $45.65 and its two-hundred day moving average price is $48.29.

Roundhill Magnificent Seven Covered Call ETF Company Profile

(Get Free Report)

Roundhill ETF Trust – Roundhill Magnificent Seven Covered Call ETF is an exchange traded fund launched and managed by Roundhill Financial Inc The fund is co-managed by Exchange Traded Concepts, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.

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