Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX) Short Interest Update

Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,500 shares, a decrease of 95.4% from the September 30th total of 32,800 shares. Based on an average trading volume of 54,500 shares, the short-interest ratio is currently 0.0 days.

Roundhill Daily 2X Long Magnificent Seven ETF Trading Up 2.6 %

Shares of NASDAQ:MAGX traded up $0.97 during trading on Friday, reaching $38.16. 65,866 shares of the stock traded hands, compared to its average volume of 37,084. The stock has a 50-day moving average of $34.04 and a two-hundred day moving average of $32.03. Roundhill Daily 2X Long Magnificent Seven ETF has a 52-week low of $22.58 and a 52-week high of $41.91.

About Roundhill Daily 2X Long Magnificent Seven ETF

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps.