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) was the recipient of a significant growth in short interest in 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 daily volume of 186 shares, the days-to-cover ratio is presently 5.8 days.

Tuttle Capital Meme Stock Income Blast ETF Trading Down 0.2%

Shares of BATS MEMY opened at $16.03 on Thursday. The business’s 50 day moving average price is $17.31 and its 200 day moving average price is $19.71. Tuttle Capital Meme Stock Income Blast ETF has a 52 week low of $16.03 and a 52 week 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.