Roundhill Memory ETF (BATS:DRAM) Sees Large Increase in Short Interest

Roundhill Memory ETF (BATS:DRAMGet Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 33,591,869 shares, an increase of 190.8% from the June 30th total of 11,550,276 shares. Based on an average daily volume of 75,831,122 shares, the short-interest ratio is presently 0.4 days.

Roundhill Memory ETF Price Performance

Shares of DRAM stock opened at $53.20 on Monday. The company’s fifty day simple moving average is $62.71. 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.

Further Reading

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