Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) Short Interest Update

Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 4,444 shares, a decrease of 41.3% from the June 30th total of 7,568 shares. Based on an average daily trading volume, of 21,007 shares, the short-interest ratio is presently 0.2 days.

Roundhill GOOGL WeeklyPay ETF Stock Down 0.6%

Shares of GOOW stock opened at $60.79 on Friday. The stock’s fifty day simple moving average is $68.52 and its 200 day simple moving average is $68.90. Roundhill GOOGL WeeklyPay ETF has a one year low of $49.33 and a one year high of $83.17.

Institutional Investors Weigh In On Roundhill GOOGL WeeklyPay ETF

A hedge fund recently bought a new position in Roundhill GOOGL WeeklyPay ETF stock. Jane Street Group LLC bought a new position in Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,080 shares of the company’s stock, valued at approximately $431,000.

Roundhill GOOGL WeeklyPay ETF (BATS: GOOW) is an exchange-traded fund issued by Roundhill Investments that provides investors with targeted exposure to Alphabet Inc (GOOGL), the parent company of Google. The fund is listed on the Cboe BATS exchange under the ticker symbol GOOW and is offered as a single-issuer vehicle designed for investors seeking concentrated exposure to one of the largest U.S. technology companies.

As indicated by its name, the ETF is structured to deliver regular distributions on a weekly schedule, which may appeal to income-oriented investors who want periodic cash flow while maintaining equity exposure to Alphabet.