Short Interest in Kurv Memory Select ETF (BATS:KMEM) Grows By ∞

Kurv Memory Select ETF (BATS:KMEM) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 6,650 shares, a growth of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 581,712 shares, the days-to-cover ratio is presently 0.0 days.

Kurv Memory Select ETF Price Performance

Shares of KMEM opened at $14.55 on Thursday. Kurv Memory Select ETF has a 1-year low of $14.55 and a 1-year high of $27.25.

The Kurv Memory Select ETF is an actively managed exchange-traded fund designed to provide concentrated exposure to companies involved in semiconductor memory production. The fund seeks to maximize total return and does not track an index. Under normal circumstances, it invests at least 80% of its net assets, plus investment-related borrowings, in securities of memory companies, derivatives tied to memory companies or ETFs providing exposure to those businesses.

The fund defines memory companies as businesses that design, manufacture or distribute semiconductor memory chips, including dynamic random-access memory, static random-access memory, NAND and NOR flash memory and emerging technologies such as magnetoresistive and resistive random-access memory.