Roundhill Cannabis ETF (BATS:WEED) Short Interest Update

Roundhill Cannabis ETF (BATS:WEED) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 589 shares, a decrease of 46.9% from the June 30th total of 1,109 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 13,837 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Roundhill Cannabis ETF

A hedge fund recently bought a new position in Roundhill Cannabis ETF stock. Nano Cap New Millennium Growth Fund L P bought a new position in Roundhill Cannabis ETF (BATS:WEED) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 28,500 shares of the company’s stock, valued at approximately $566,000. Nano Cap New Millennium Growth Fund L P owned about 7.60% of Roundhill Cannabis ETF at the end of the most recent quarter.

Roundhill Cannabis ETF Stock Performance

Shares of BATS:WEED opened at $18.27 on Wednesday. The business has a fifty day moving average of $20.71 and a 200-day moving average of $19.02. Roundhill Cannabis ETF has a twelve month low of $11.79 and a twelve month high of $31.05.

Roundhill Cannabis ETF Company Profile

The Roundhill Cannabis ETF (WEED) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of equities and total return swaps that provide exposure to the global cannabis and hemp ecosystem. WEED was launched on Apr 20, 2022 and is managed by Roundhill.