Roundhill Cannabis ETF (BATS:WEED) Short Interest Update

Roundhill Cannabis ETF (BATS:WEED) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 17,508 shares, an increase of 536.2% from the August 31st total of 2,752 shares. Currently, 4.7% of the shares of the company are sold short. Based on an average daily volume of 17,344 shares, the short-interest ratio is presently 1.0 days.

Roundhill Cannabis ETF Stock Down 0.7%

Shares of WEED opened at $23.51 on Friday. The stock’s 50 day moving average is $21.03 and its two-hundred day moving average is $20.04. Roundhill Cannabis ETF has a twelve month low of $12.71 and a twelve month high of $31.05.

About Roundhill Cannabis ETF

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.