Roundhill Memory ETF Target of Unusually High Options Trading (BATS:DRAM)

Roundhill Memory ETF (BATS:DRAM) was the target of some unusual options trading on Tuesday. Stock traders purchased 235,751 call options on the company. This represents an increase of approximately 22% compared to the average daily volume of 192,995 call options.

Roundhill Memory ETF Stock Up 6.3%

Shares of DRAM traded up $3.62 during mid-day trading on Tuesday, reaching $60.92. The company’s stock had a trading volume of 63,349,545 shares, compared to its average volume of 38,920,609. Roundhill Memory ETF has a 1 year low of $26.14 and a 1 year high of $81.34. The company has a fifty day moving average price of $61.81.

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.