Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Short Interest Update

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 398,322 shares, a decrease of 37.6% from the January 29th total of 638,093 shares. Based on an average daily volume of 296,013 shares, the short-interest ratio is presently 1.3 days. Approximately 2.4% of the shares of the stock are sold short. Approximately 2.4% of the shares of the stock are sold short. Based on an average daily volume of 296,013 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Cary Street Partners Financial LLC purchased a new stake in shares of Roundhill Generative AI & Technology ETF during the 3rd quarter worth about $558,000. Price Capital Management Inc. bought a new position in Roundhill Generative AI & Technology ETF in the 3rd quarter valued at $7,894,000. Valeo Financial Advisors LLC acquired a new position in Roundhill Generative AI & Technology ETF during the 3rd quarter worth $537,000. Jackson Wealth Management LLC bought a new position in shares of Roundhill Generative AI & Technology ETF in the 3rd quarter valued at about $214,000. Finally, Berbice Capital Management LLC lifted its stake in Roundhill Generative AI & Technology ETF by 89.1% in the fourth quarter. Berbice Capital Management LLC now owns 10,806 shares of the company’s stock valued at $637,000 after buying an additional 5,091 shares during the period.

Roundhill Generative AI & Technology ETF Trading Down 1.4%

Shares of NYSEARCA CHAT traded down $0.90 on Friday, reaching $63.89. 254,577 shares of the company traded hands, compared to its average volume of 335,882. The stock has a market capitalization of $1.07 billion, a PE ratio of 21.50 and a beta of 1.63. The company has a 50 day moving average of $61.93 and a 200 day moving average of $60.74. Roundhill Generative AI & Technology ETF has a fifty-two week low of $28.96 and a fifty-two week high of $68.12.

Roundhill Generative AI & Technology ETF Company Profile

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.