Roundhill COIN WeeklyPay ETF (BATS:COIW) Sees Significant Drop in Short Interest

Roundhill COIN WeeklyPay ETF (BATS:COIW) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 22,877 shares, a decline of 73.7% from the July 30th total of 86,824 shares. Approximately 5.3% of the shares of the company are short sold. Based on an average daily volume of 182,595 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Simplex Trading LLC acquired a new stake in Roundhill COIN WeeklyPay ETF in the 4th quarter valued at $27,000. Centaurus Financial Inc. purchased a new position in Roundhill COIN WeeklyPay ETF during the third quarter valued at $104,000. Finally, OLD Mission Capital LLC grew its position in shares of Roundhill COIN WeeklyPay ETF by 44.6% in the fourth quarter. OLD Mission Capital LLC now owns 30,955 shares of the company’s stock valued at $615,000 after purchasing an additional 9,547 shares during the period.

Roundhill COIN WeeklyPay ETF Price Performance

Shares of BATS COIW opened at $9.83 on Friday. The company’s fifty day moving average price is $8.57 and its 200 day moving average price is $11.20. Roundhill COIN WeeklyPay ETF has a 1 year low of $7.18 and a 1 year high of $48.60.

Roundhill COIN WeeklyPay ETF Company Profile

The Roundhill COIN WeeklyPay ETF (COIW) is an exchange-traded fund that trades on the BATS exchange in the United States.