Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) Short Interest Update

Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 35,572 shares, a decrease of 36.8% from the July 15th total of 56,301 shares. Currently, 13.2% of the company’s shares are sold short. Based on an average daily volume of 42,373 shares, the days-to-cover ratio is currently 0.8 days.

Roundhill Magnificent Seven Covered Call ETF Stock Down 1.1%

Shares of MAGY stock opened at $41.44 on Tuesday. Roundhill Magnificent Seven Covered Call ETF has a fifty-two week low of $39.92 and a fifty-two week high of $57.67. The firm’s 50 day moving average price is $42.51 and its two-hundred day moving average price is $45.54.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Roundhill Magnificent Seven Covered Call ETF stock. OLD Mission Capital LLC bought a new position in Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 31,449 shares of the company’s stock, valued at approximately $1,677,000. OLD Mission Capital LLC owned 0.78% of Roundhill Magnificent Seven Covered Call ETF at the end of the most recent reporting period.

About Roundhill Magnificent Seven Covered Call ETF

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.