Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Drops By 53.9%

Posted by Amy Steele on Sep 14th, 2026

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 17,550 shares, a decline of 53.9% from the August 15th total of 38,110 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 33,733 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

Several hedge funds have recently bought and sold shares of XPAY. Centaurus Financial Inc. bought a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 1st quarter valued at about $2,551,000. Wolverine Trading LLC acquired a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter worth about $1,847,000. Jane Street Group LLC bought a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the fourth quarter worth about $721,000. Citadel Advisors LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 2nd quarter valued at approximately $338,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 2nd quarter valued at approximately $80,000.

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

Shares of NYSEARCA XPAY opened at $51.93 on Monday. The company’s 50 day simple moving average is $52.94 and its 200 day simple moving average is $52.49. 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

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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.