Short Interest in Roundhill Memory ETF (BATS:DRAM) Grows By 142.0%

Roundhill Memory ETF (BATS:DRAM) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 8,702,641 shares, a growth of 142.0% from the May 14th total of 3,595,463 shares. Based on an average daily trading volume, of 33,153,823 shares, the days-to-cover ratio is currently 0.3 days.

Roundhill Memory ETF Price Performance

BATS:DRAM opened at $65.01 on Friday. Roundhill Memory ETF has a 52-week low of $26.14 and a 52-week high of $70.15. The stock’s fifty day moving average price is $49.89.

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.