Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Decreases By 87.2%

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,353 shares, a decline of 87.2% from the April 30th total of 10,568 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 112,699 shares, the days-to-cover ratio is currently 0.0 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Centaurus Financial Inc. acquired a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF during the first quarter worth $2,551,000. Wolverine Trading LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter valued at $1,847,000. Jane Street Group LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 4th quarter valued at $721,000. Citadel Advisors LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter valued at $316,000. Finally, Planning Directions Inc. acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 4th quarter valued at $229,000.

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

XPAY stock traded up $0.24 during midday trading on Thursday, hitting $54.79. 35,018 shares of the stock were exchanged, compared to its average volume of 74,319. The stock’s 50-day moving average price is $51.71 and its 200-day moving average price is $52.89. Roundhill S&P 500 Target 20 Managed Distribution ETF has a fifty-two week low of $47.35 and a fifty-two week high of $56.51.

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.