Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) Short Interest Update

Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 32,749 shares, a decrease of 68.2% from the June 15th total of 103,011 shares. Based on an average daily volume of 84,608 shares, the days-to-cover ratio is presently 0.4 days. Approximately 12.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Roundhill Magnificent Seven Covered Call ETF stock. OLD Mission Capital LLC bought a new stake in Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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 Price Performance

Shares of MAGY opened at $43.21 on Monday. Roundhill Magnificent Seven Covered Call ETF has a 1-year low of $40.86 and a 1-year high of $58.34. The company’s fifty day moving average price is $45.01 and its 200-day moving average price is $47.47.

Roundhill Magnificent Seven Covered Call ETF Company Profile

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.