Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Short Interest Update

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 28,740 shares, an increase of 177.9% from the April 15th total of 10,342 shares. Based on an average daily trading volume, of 8,914 shares, the short-interest ratio is currently 3.2 days. Approximately 1.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

A hedge fund recently bought a new stake in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC acquired a new stake in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,920 shares of the company’s stock, valued at approximately $258,000. Advisors Preferred LLC owned about 0.35% of Roundhill Sports Betting & iGaming ETF as of its most recent filing with the SEC.

Roundhill Sports Betting & iGaming ETF Trading Down 1.0%

NYSEARCA:BETZ traded down $0.19 during trading hours on Friday, reaching $18.22. 14,133 shares of the company traded hands, compared to its average volume of 13,771. The business’s 50-day moving average price is $18.51 and its two-hundred day moving average price is $19.56. The stock has a market capitalization of $47.74 million, a P/E ratio of 22.62 and a beta of 1.21. Roundhill Sports Betting & iGaming ETF has a 1 year low of $17.05 and a 1 year high of $25.48.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.