Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Update

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 3,337 shares, a drop of 68.1% from the June 30th total of 10,464 shares. Based on an average trading volume of 68,440 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

A number of institutional investors have recently added to or reduced their stakes in XPAY. Centaurus Financial Inc. purchased a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 1st quarter worth approximately $2,551,000. 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 buying an additional 980 shares during the period. Jane Street Group LLC purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the fourth quarter valued at approximately $721,000. Planning Directions Inc. purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the fourth quarter valued at approximately $229,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at approximately $316,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Down 0.1%

Shares of NYSEARCA:XPAY opened at $51.92 on Friday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a fifty-two week low of $47.35 and a fifty-two week high of $56.51. The firm’s 50-day simple moving average is $53.37 and its 200-day simple moving average is $52.61.

About Roundhill S&P 500 Target 20 Managed Distribution ETF

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.