Short Interest in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Drops By 21.1%

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 8,422 shares, a decrease of 21.1% from the December 31st total of 10,675 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 17,517 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 17,517 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC bought a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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 Securities and Exchange Commission (SEC).

Roundhill Sports Betting & iGaming ETF Stock Down 0.5%

Shares of NYSEARCA BETZ traded down $0.09 during trading on Monday, reaching $18.49. 13,160 shares of the stock were exchanged, compared to its average volume of 17,379. The company has a market capitalization of $53.99 million, a price-to-earnings ratio of 22.62 and a beta of 1.35. The business’s 50-day moving average price is $20.75 and its 200 day moving average price is $22.41. Roundhill Sports Betting & iGaming ETF has a twelve month low of $16.73 and a twelve month high of $25.48.

Roundhill Sports Betting & iGaming ETF Company Profile

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.