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

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 483,681 shares, an increase of 133.2% from the August 31st total of 207,445 shares. Approximately 2.4% of the shares of the stock are short sold. Based on an average trading volume of 265,095 shares, the short-interest ratio is currently 1.8 days.

Roundhill Generative AI & Technology ETF Stock Performance

Roundhill Generative AI & Technology ETF stock opened at $92.54 on Tuesday. Roundhill Generative AI & Technology ETF has a fifty-two week low of $55.52 and a fifty-two week high of $105.20. The firm’s fifty day moving average price is $87.92 and its 200-day moving average price is $84.38. The stock has a market cap of $1.91 billion, a P/E ratio of 21.50 and a beta of 1.91.

Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF

Large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in shares of Roundhill Generative AI & Technology ETF by 26.9% during the second quarter. NewEdge Advisors LLC now owns 3,666 shares of the company’s stock worth $362,000 after acquiring an additional 777 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC grew its stake in shares of Roundhill Generative AI & Technology ETF by 27.0% during the second quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 4,700 shares of the company’s stock valued at $464,000 after buying an additional 1,000 shares during the last quarter. Gill Capital Partners LLC increased its holdings in shares of Roundhill Generative AI & Technology ETF by 47.9% in the second quarter. Gill Capital Partners LLC now owns 4,232 shares of the company’s stock worth $418,000 after buying an additional 1,371 shares during the period. Noble Wealth Management PBC increased its holdings in shares of Roundhill Generative AI & Technology ETF by 69.2% in the second quarter. Noble Wealth Management PBC now owns 4,780 shares of the company’s stock worth $472,000 after buying an additional 1,955 shares during the period. Finally, Vestor Capital LLC increased its holdings in shares of Roundhill Generative AI & Technology ETF by 7,712.5% in the first quarter. Vestor Capital LLC now owns 1,250 shares of the company’s stock worth $77,000 after buying an additional 1,234 shares during the period.

About Roundhill Generative AI & Technology ETF

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.