Roundhill Meme Stock ETF (NYSEARCA:MEME) Shares Down 0.9% – Should You Sell?

Roundhill Meme Stock ETF (NYSEARCA:MEMEGet Free Report) shares fell 0.9% on Friday . The stock traded as low as $5.33 and last traded at $5.73. 423,911 shares were traded during trading, a decline of 64% from the average session volume of 1,172,428 shares. The stock had previously closed at $5.78.

Roundhill Meme Stock ETF Price Performance

The stock has a market capitalization of $19.88 million, a price-to-earnings ratio of -121.24 and a beta of 1.81. The stock’s 50 day simple moving average is $18.62 and its 200-day simple moving average is $31.60.

Roundhill Meme Stock ETF Company Profile

(Get Free Report)

The Roundhill MEME ETF (MEME) is an exchange-traded fund that is based on the Solactive Roundhill Meme Stock index. The fund tracks an equal-weighted index of 25 US-listed stocks selected baesd on a high social media activity score and high short interest percentage. MEME was launched on Dec 8, 2021 and is managed by Roundhill.

Further Reading

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