Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Stock Short Interest Falls 59.4%

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 12,849 shares, a drop of 59.4% from the September 30th total of 31,619 shares. Based on an average trading volume of 64,296 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are short sold.

Hedge Funds 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 purchased a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 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 as of its most recent filing with the SEC.

Roundhill Bitcoin Covered Call Strategy ETF Stock Performance

Shares of YBTC stock opened at $18.30 on Friday. Roundhill Bitcoin Covered Call Strategy ETF has a 1 year low of $16.30 and a 1 year high of $39.48. The stock’s 50 day simple moving average is $18.52 and its two-hundred day simple moving average is $20.29.

About Roundhill Bitcoin Covered Call Strategy ETF

(Get Free Report)

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.

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