Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Expands By 1,561.6%

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 10,568 shares, a growth of 1,561.6% from the April 15th total of 636 shares. Based on an average daily volume of 44,077 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Trading of Roundhill S&P 500 Target 20 Managed Distribution ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wolverine Trading LLC purchased a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter worth about $1,847,000. Jane Street Group LLC purchased a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 4th quarter worth about $721,000. Citadel Advisors LLC purchased a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter worth about $316,000. Geneos Wealth Management Inc. increased its position in shares of 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. Finally, Planning Directions Inc. purchased a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the fourth quarter worth approximately $229,000.

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

Roundhill S&P 500 Target 20 Managed Distribution ETF stock traded up $0.10 during midday trading on Monday, reaching $54.61. The stock had a trading volume of 142,782 shares, compared to its average volume of 73,889. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 52-week low of $47.35 and a 52-week high of $56.51. The company has a fifty day moving average of $51.07 and a 200 day moving average of $53.01.

About Roundhill S&P 500 Target 20 Managed Distribution ETF

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.