Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Short Interest Update

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 398,322 shares, a decrease of 37.6% from the January 29th total of 638,093 shares. Approximately 2.4% of the company’s shares are short sold. Based on an average daily volume of 296,013 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 296,013 shares, the short-interest ratio is currently 1.3 days. Approximately 2.4% of the company’s shares are short sold.

Roundhill Generative AI & Technology ETF Price Performance

Shares of NYSEARCA CHAT opened at $63.89 on Friday. The company has a 50-day simple moving average of $61.93 and a 200-day simple moving average of $60.70. The company has a market cap of $1.07 billion, a PE ratio of 21.50 and a beta of 1.63. Roundhill Generative AI & Technology ETF has a 12 month low of $28.96 and a 12 month high of $68.12.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CHAT. NewEdge Advisors LLC boosted its holdings in shares of Roundhill Generative AI & Technology ETF by 14.7% during the fourth quarter. NewEdge Advisors LLC now owns 3,897 shares of the company’s stock worth $230,000 after purchasing an additional 500 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Roundhill Generative AI & Technology ETF by 41.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 63,098 shares of the company’s stock worth $3,720,000 after buying an additional 18,467 shares during the period. Berbice Capital Management LLC boosted its stake in Roundhill Generative AI & Technology ETF by 89.1% in the 4th quarter. Berbice Capital Management LLC now owns 10,806 shares of the company’s stock worth $637,000 after buying an additional 5,091 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in Roundhill Generative AI & Technology ETF by 37.1% in the 4th quarter. Valeo Financial Advisors LLC now owns 11,973 shares of the company’s stock worth $706,000 after buying an additional 3,237 shares during the last quarter. Finally, Providence First Trust Co purchased a new stake in Roundhill Generative AI & Technology ETF in the 4th quarter valued at about $1,202,000.

Roundhill Generative AI & Technology ETF Company Profile

The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies. CHAT was launched on May 18, 2023 and is managed by Roundhill.