Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 483,681 shares, a growth of 133.2% from the August 31st total of 207,445 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 265,095 shares, the short-interest ratio is presently 1.8 days.
Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF
A number of large investors have recently bought and sold shares of CHAT. NewEdge Advisors LLC increased its stake in Roundhill Generative AI & Technology ETF by 26.9% in the second quarter. NewEdge Advisors LLC now owns 3,666 shares of the company’s stock valued at $362,000 after purchasing an additional 777 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its position in shares of Roundhill Generative AI & Technology ETF by 27.0% during the 2nd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 4,700 shares of the company’s stock worth $464,000 after purchasing an additional 1,000 shares in the last quarter. Gill Capital Partners LLC grew its stake in shares of Roundhill Generative AI & Technology ETF by 47.9% in the 2nd quarter. Gill Capital Partners LLC now owns 4,232 shares of the company’s stock valued at $418,000 after buying an additional 1,371 shares during the period. Noble Wealth Management PBC grew its stake in shares of Roundhill Generative AI & Technology ETF by 69.2% in the 2nd quarter. Noble Wealth Management PBC now owns 4,780 shares of the company’s stock valued at $472,000 after buying an additional 1,955 shares during the period. Finally, Vestor Capital LLC increased its position in Roundhill Generative AI & Technology ETF by 7,712.5% in the 1st quarter. Vestor Capital LLC now owns 1,250 shares of the company’s stock valued at $77,000 after buying an additional 1,234 shares in the last quarter.
Roundhill Generative AI & Technology ETF Price Performance
Shares of NYSEARCA:CHAT traded up $0.72 during mid-day trading on Friday, hitting $92.98. The company had a trading volume of 162,916 shares, compared to its average volume of 489,821. The firm has a fifty day moving average price of $87.74 and a 200 day moving average price of $84.20. The company has a market capitalization of $1.92 billion, a PE ratio of 21.50 and a beta of 1.91. Roundhill Generative AI & Technology ETF has a one year low of $55.52 and a one year high of $105.20.
About Roundhill Generative AI & Technology ETF
The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies. CHAT was launched on May 18, 2023 and is managed by Roundhill.
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