Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Update

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 13,352 shares, an increase of 886.8% from the May 14th total of 1,353 shares. Based on an average trading volume of 54,246 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

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

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. increased 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 acquiring an additional 980 shares during the period. Planning Directions Inc. bought a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF during the fourth quarter worth about $229,000. Citadel Advisors LLC bought a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter worth about $316,000. Jane Street Group LLC increased its position in Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% during the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock worth $576,000 after acquiring an additional 7,281 shares during the period. Finally, Wolverine Trading LLC bought a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter worth about $1,847,000.

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

NYSEARCA:XPAY traded up $0.69 during mid-day trading on Thursday, reaching $52.60. 130,083 shares of the company’s stock were exchanged, compared to its average volume of 76,170. Roundhill S&P 500 Target 20 Managed Distribution ETF has a one year low of $47.35 and a one year high of $56.51. The business’s fifty day simple moving average is $52.78 and its two-hundred day simple moving average is $52.90.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

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.