Roundhill Cannabis ETF (BATS:WEED) Trading Up 26% – Time to Buy?

Roundhill Cannabis ETF (BATS:WEEDGet Free Report) shares were up 26% on Wednesday . The company traded as high as $17.30 and last traded at $21.3150. Approximately 6,402 shares changed hands during trading, a decline of 45% from the average daily volume of 11,702 shares. The stock had previously closed at $16.9138.

Roundhill Cannabis ETF Trading Up 26.0%

The firm’s 50-day simple moving average is $18.40 and its 200 day simple moving average is $18.05.

About Roundhill Cannabis ETF

(Get Free Report)

The Roundhill Cannabis ETF (WEED) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of equities and total return swaps that provide exposure to the global cannabis and hemp ecosystem. WEED was launched on Apr 20, 2022 and is managed by Roundhill.

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