Tuttle Capital Meme Stock Income Blast ETF (BATS:MEMY) Short Interest Up 67.2% in August

Tuttle Capital Meme Stock Income Blast ETF (BATS:MEMY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,070 shares, a growth of 67.2% from the August 15th total of 640 shares. Based on an average trading volume of 186 shares, the days-to-cover ratio is currently 5.8 days.

Tuttle Capital Meme Stock Income Blast ETF Trading Down 0.2%

BATS:MEMY opened at $16.03 on Thursday. Tuttle Capital Meme Stock Income Blast ETF has a twelve month low of $16.03 and a twelve month high of $25.91. The stock has a fifty day simple moving average of $17.31 and a 200-day simple moving average of $19.71.

Tuttle Capital Meme Stock Income Blast ETF (BATS: MEMY) is an exchange-traded fund managed by Tuttle Capital Management and listed on the Cboe BATS exchange. The fund’s name and positioning indicate a focus on providing investors with exposure to equities associated with the retail-driven “meme stock” phenomenon while incorporating an income-oriented investment approach.

The ETF is designed to offer thematic exposure to companies that have attracted elevated retail investor interest and trading activity, paired with strategies intended to generate income for shareholders.