Roundhill Memory ETF (BATS:DRAM) Short Interest Update

Roundhill Memory ETF (BATS:DRAM) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 9,715,176 shares, a drop of 56.5% from the July 30th total of 22,317,695 shares. Based on an average daily trading volume, of 52,842,830 shares, the short-interest ratio is currently 0.2 days.

Roundhill Memory ETF Trading Down 1.8%

Shares of BATS:DRAM opened at $55.83 on Friday. The company has a 50-day moving average price of $58.46. Roundhill Memory ETF has a fifty-two week low of $26.14 and a fifty-two week high of $81.34.

Hedge Funds Weigh In On Roundhill Memory ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DRAM. Capital Square LLC acquired a new stake in shares of Roundhill Memory ETF in the second quarter valued at about $1,111,000. Corient Private Wealth LP acquired a new position in Roundhill Memory ETF during the second quarter worth about $1,416,000. Ameritas Advisory Services LLC acquired a new position in Roundhill Memory ETF during the second quarter worth about $171,000. Members Advisory Group LLC purchased a new position in Roundhill Memory ETF in the second quarter valued at about $13,919,000. Finally, FirstWave Capital Management LLC acquired a new stake in shares of Roundhill Memory ETF during the 2nd quarter valued at approximately $3,682,000.

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.