Kurv Memory Select ETF (BATS:KMEM) Stock Short Interest Report for October

Kurv Memory Select ETF (BATS:KMEM) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 2,527 shares, a drop of 52.7% from the September 30th total of 5,345 shares. Based on an average daily volume of 57,302 shares, the days-to-cover ratio is currently 0.0 days.

Kurv Memory Select ETF Stock Performance

Shares of KMEM stock opened at $15.84 on Friday. Kurv Memory Select ETF has a 1 year low of $14.55 and a 1 year high of $27.25. The firm’s fifty day moving average price is $18.60.

The Kurv Memory Select ETF is an actively managed exchange-traded fund designed to provide concentrated exposure to companies involved in semiconductor memory production. The fund seeks to maximize total return and does not track an index. Under normal circumstances, it invests at least 80% of its net assets, plus investment-related borrowings, in securities of memory companies, derivatives tied to memory companies or ETFs providing exposure to those businesses.

The fund defines memory companies as businesses that design, manufacture or distribute semiconductor memory chips, including dynamic random-access memory, static random-access memory, NAND and NOR flash memory and emerging technologies such as magnetoresistive and resistive random-access memory.