Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Short Interest Up 102.9% in January

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 17,087 shares, an increase of 102.9% from the January 15th total of 8,422 shares. Based on an average daily trading volume, of 17,762 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 17,762 shares, the days-to-cover ratio is currently 1.0 days.

Roundhill Sports Betting & iGaming ETF Trading Down 2.3%

BETZ opened at $17.24 on Friday. Roundhill Sports Betting & iGaming ETF has a 12-month low of $16.73 and a 12-month high of $25.48. The firm has a market capitalization of $49.13 million, a PE ratio of 22.62 and a beta of 1.35. The firm has a 50 day moving average of $20.19 and a two-hundred day moving average of $22.04.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC acquired a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,920 shares of the company’s stock, valued at approximately $258,000. Advisors Preferred LLC owned 0.35% of Roundhill Sports Betting & iGaming ETF as of its most recent filing with the SEC.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.