Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) Sees Significant Increase in Short Interest

Roundhill Magnificent Seven Covered Call ETF (BATS:MAGYGet Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 108,109 shares, a growth of 195.4% from the April 15th total of 36,594 shares. Currently, 40.0% of the shares of the company are short sold. Based on an average trading volume of 84,155 shares, the short-interest ratio is presently 1.3 days.

Roundhill Magnificent Seven Covered Call ETF Stock Performance

Shares of MAGY stock opened at $47.59 on Thursday. The firm has a 50 day moving average price of $46.17 and a two-hundred day moving average price of $50.50. Roundhill Magnificent Seven Covered Call ETF has a 12-month low of $43.01 and a 12-month high of $58.34.

Institutional Investors Weigh In On Roundhill Magnificent Seven Covered Call ETF

A hedge fund recently bought a new stake in Roundhill Magnificent Seven Covered Call ETF stock. OLD Mission Capital LLC acquired a new position in shares of Roundhill Magnificent Seven Covered Call ETF (BATS:MAGYFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 31,449 shares of the company’s stock, valued at approximately $1,677,000. OLD Mission Capital LLC owned about 0.78% of Roundhill Magnificent Seven Covered Call ETF as of its most recent SEC filing.

About Roundhill Magnificent Seven Covered Call ETF

(Get Free Report)

Roundhill ETF Trust – Roundhill Magnificent Seven Covered Call ETF is an exchange traded fund launched and managed by Roundhill Financial Inc The fund is co-managed by Exchange Traded Concepts, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.

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