Roundhill Daily 2X Long Magnificent Seven ETF (BATS:MAGX) Sees Significant Increase in Short Interest

Posted by Teresa Graham on Jun 27th, 2026

Roundhill Daily 2X Long Magnificent Seven ETF (BATS:MAGX – Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 75,383 shares, a growth of 265.4% from the May 31st total of 20,628 shares. Currently, 4.2% of the shares of the stock are short sold. Based on an average daily volume of 72,684 shares, the short-interest ratio is currently 1.0 days.

Roundhill Daily 2X Long Magnificent Seven ETF Stock Up 1.7%

Roundhill Daily 2X Long Magnificent Seven ETF stock opened at $46.94 on Friday. The company has a fifty day simple moving average of $56.40 and a 200-day simple moving average of $53.53. Roundhill Daily 2X Long Magnificent Seven ETF has a 52-week low of $38.72 and a 52-week high of $63.47.

Institutional Trading of Roundhill Daily 2X Long Magnificent Seven ETF

Several large investors have recently bought and sold shares of the business. Physician Wealth Advisors Inc. raised its holdings in Roundhill Daily 2X Long Magnificent Seven ETF by 34.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 863 shares of the company’s stock valued at $49,000 after acquiring an additional 220 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Roundhill Daily 2X Long Magnificent Seven ETF by 35.7% during the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $107,000 after purchasing an additional 500 shares during the last quarter. 180 Wealth Advisors LLC acquired a new position in shares of Roundhill Daily 2X Long Magnificent Seven ETF during the 4th quarter worth approximately $979,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Roundhill Daily 2X Long Magnificent Seven ETF in the third quarter valued at approximately $1,234,000.

Roundhill Daily 2X Long Magnificent Seven ETF Company Profile

(Get Free Report)

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps. MAGX was launched on Feb 29, 2024 and is issued by Roundhill.