Roundhill Memory ETF (BATS:DRAM) Stock Price Down 9.1% – Here’s What Happened

Roundhill Memory ETF (BATS:DRAM)’s share price traded down 9.1% on Monday . The company traded as low as $56.31 and last traded at $57.30. 78,068,336 shares traded hands during trading, an increase of 102% from the average session volume of 38,560,973 shares. The stock had previously closed at $63.04.

Roundhill Memory ETF Stock Performance

The stock has a fifty day simple moving average of $62.11.

Roundhill Memory ETF (BATS: DRAM) is an exchange-traded fund offered by Roundhill Investments that provides targeted exposure to the memory semiconductor industry. Listed on the Cboe BZX Exchange under the ticker DRAM, the fund is intended to give investors access to companies whose primary business activities are connected to memory chips and related technologies.

The fund focuses on firms operating across the memory semiconductor supply chain, including companies involved in design and development of DRAM and NAND memory, wafer fabrication, packaging and testing, and the manufacture of semiconductor capital equipment and materials.