Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Declines By 68.1%

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

Hedge Funds Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. lifted its position 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 in the last quarter. Planning Directions Inc. acquired a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 4th quarter valued at about $229,000. Citadel Advisors LLC acquired a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter valued at about $316,000. Jane Street Group LLC grew its holdings in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after purchasing an additional 7,281 shares during the period. Finally, Wolverine Trading LLC purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at about $1,847,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Up 0.3%

NYSEARCA XPAY traded up $0.17 during mid-day trading on Tuesday, hitting $52.14. The stock had a trading volume of 23,785 shares, compared to its average volume of 72,323. The firm’s 50 day moving average is $53.34 and its 200 day moving average is $52.58. Roundhill S&P 500 Target 20 Managed Distribution ETF has a twelve month low of $47.35 and a twelve month high of $56.51.

About Roundhill S&P 500 Target 20 Managed Distribution ETF

(Get Free Report)

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.

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