Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Expands By 1,561.6%

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 10,568 shares, a growth of 1,561.6% from the April 15th total of 636 shares. Based on an average daily volume of 44,077 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Up 0.2%

Shares of XPAY traded up $0.10 during midday trading on Monday, hitting $54.61. 142,782 shares of the company traded hands, compared to its average volume of 73,889. The firm has a 50 day moving average of $51.07 and a 200-day moving average of $53.01. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 52 week low of $47.35 and a 52 week high of $56.51.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Planning Directions Inc. bought a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the 4th quarter valued at about $229,000. Citadel Advisors LLC bought a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter valued at about $316,000. Jane Street Group LLC lifted its holdings in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the 1st quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after acquiring an additional 7,281 shares during the last quarter. Wolverine Trading LLC bought a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter valued at about $1,847,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after acquiring an additional 980 shares during the last quarter.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.