Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Decreases By 87.2%

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 1,353 shares, a decrease of 87.2% from the April 30th total of 10,568 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 112,699 shares, the short-interest ratio is currently 0.0 days.

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

A number of large investors have recently modified their holdings of the business. Centaurus Financial Inc. purchased a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 1st quarter worth approximately $2,551,000. Geneos Wealth Management Inc. raised its stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% during the 1st 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. Jane Street Group LLC purchased a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 4th quarter worth approximately $721,000. Planning Directions Inc. acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the 4th quarter worth approximately $229,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter worth approximately $316,000.

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

Shares of XPAY stock traded up $0.24 during trading hours on Thursday, reaching $54.79. 35,018 shares of the company’s stock were exchanged, compared to its average volume of 74,319. The company’s 50 day moving average is $51.71 and its two-hundred day moving average is $52.89. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 1 year low of $47.35 and a 1 year high of $56.51.

About Roundhill S&P 500 Target 20 Managed Distribution ETF

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.