Tuttle Capital Meme Stock Income Blast ETF (BATS:MEMY – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 320 shares, a decrease of 61.1% from the September 30th total of 822 shares. Based on an average daily trading volume, of 978 shares, the days-to-cover ratio is presently 0.3 days.
Tuttle Capital Meme Stock Income Blast ETF Price Performance
Shares of BATS:MEMY opened at $15.14 on Friday. The stock’s 50-day moving average price is $16.09 and its two-hundred day moving average price is $18.99. Tuttle Capital Meme Stock Income Blast ETF has a 12-month low of $14.31 and a 12-month high of $25.91.
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.
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