Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Sees Significant Decline in Short Interest

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the recipient of a significant decline in short interest in 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 company’s shares are sold short. Based on an average daily trading volume, of 179,171 shares, the short-interest ratio is presently 0.9 days.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Up 0.4%

XDTE opened at $39.18 on Thursday. 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 50 day moving average of $38.95 and a two-hundred day moving average of $38.85. The company has a market cap of $359.28 million, a P/E ratio of 24.81 and a beta of 0.99.

Institutional Trading of Roundhill S&P 500 0DTE Covered Call Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. increased its holdings in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% in the 2nd quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock valued at $31,000 after purchasing an additional 500 shares in the last quarter. Group One Trading LLC acquired a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the fourth quarter worth about $44,000. Strive Financial Group LLC acquired a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the fourth quarter worth about $146,000. PNC Financial Services Group Inc. boosted its position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 35.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,600 shares of the company’s stock worth $301,000 after buying an additional 2,000 shares during the period. Finally, NewEdge Wealth LLC purchased a new stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the first quarter worth about $353,000.

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.