Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Sees Significant Growth in Short Interest

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 31,619 shares, a growth of 135.0% from the September 15th total of 13,454 shares. Based on an average daily trading volume, of 76,476 shares, the short-interest ratio is presently 0.4 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On Roundhill Bitcoin Covered Call Strategy ETF

An institutional investor recently bought a new stake in Roundhill Bitcoin Covered Call Strategy ETF stock. Tidal Investments LLC bought a new position in Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,961 shares of the company’s stock, valued at approximately $246,000. Tidal Investments LLC owned 0.31% of Roundhill Bitcoin Covered Call Strategy ETF at the end of the most recent reporting period.

Roundhill Bitcoin Covered Call Strategy ETF Trading Up 0.6%

YBTC opened at $18.91 on Wednesday. The stock has a 50-day moving average of $18.32 and a 200-day moving average of $19.22. Roundhill Bitcoin Covered Call Strategy ETF has a 52-week low of $16.30 and a 52-week high of $41.09.

Roundhill Bitcoin Covered Call Strategy ETF Company Profile

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.