Roundhill Memory ETF (BATS:DRAM) Sees Significant Growth in Short Interest

Roundhill Memory ETF (BATS:DRAM) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 14,280,527 shares, a growth of 51.3% from the August 31st total of 9,439,159 shares. Based on an average daily trading volume, of 29,295,365 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Roundhill Memory ETF

Several large investors have recently added to or reduced their stakes in DRAM. Comprehensive Financial Planning Inc. PA purchased a new stake in Roundhill Memory ETF during the second quarter valued at approximately $27,000. IFP Advisors Inc purchased a new position in shares of Roundhill Memory ETF in the 2nd quarter worth approximately $32,000. Strengthening Families & Communities LLC purchased a new position in shares of Roundhill Memory ETF in the 2nd quarter worth approximately $70,000. Allworth Financial LP bought a new position in shares of Roundhill Memory ETF during the 2nd quarter valued at approximately $165,000. Finally, Ameritas Advisory Services LLC purchased a new stake in Roundhill Memory ETF during the 2nd quarter valued at $171,000.

Roundhill Memory ETF Stock Performance

Shares of BATS DRAM opened at $62.03 on Friday. The firm’s 50-day simple moving average is $56.35. Roundhill Memory ETF has a 12-month low of $26.14 and a 12-month high of $81.34.

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.