Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Shares Shorted: Short Interest Down 44.5% in September

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 50,348 shares, a drop of 44.5% from the September 15th total of 90,722 shares. Based on an average trading volume of 154,963 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the company’s shares are sold short.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Price Performance

Shares of BATS:XDTE opened at $38.19 on Friday. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 1 year low of $35.87 and a 1 year high of $44.81. The business’s 50-day moving average is $38.70 and its 200-day moving average is $38.79. The company has a market capitalization of $350.20 million, a price-to-earnings ratio of 24.81 and a beta of 0.99.

Institutional Investors Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in XDTE. Citadel Advisors LLC bought a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 2nd quarter worth approximately $320,000. NewEdge Wealth LLC bought a new stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 1st quarter valued at $353,000. Cetera Investment Advisers increased its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 8.1% in the 1st quarter. Cetera Investment Advisers now owns 15,729 shares of the company’s stock valued at $578,000 after acquiring an additional 1,180 shares in the last quarter. Mather Group LLC. bought a new stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 3rd quarter valued at $1,011,000. Finally, RFG Advisory LLC lifted its position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 1.5% during the 1st quarter. RFG Advisory LLC now owns 31,201 shares of the company’s stock valued at $1,146,000 after acquiring an additional 463 shares during the period.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Company Profile

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.