The Roundhill MEME ETF (MEME) has been relaunched amid renewed retail trading enthusiasm, and speculative activity across high-beta equities.
MEME ETF Constituents Real-time S3 Short Interest Data
Concentration of Capital:
Of the $28B in short interest notional exposure, the top 5 names (BE, HIMS, IREN, IONQ, APLD) alone account for over 60% of the total.
Crowding and Conviction:
APLD, DNUT, and OPEN show the highest short interest as a % of float (26–35%), reflecting higher crowding risk, and more sensitivity to retail flow.
Utilization:
Elevated SI Utilization (>80%) in IREN, BYND, OPEN highlights tight securities-lending conditions, reflecting strong demand relative to supply. This metric uses Short Interest in the numerator rather than On-Loan shares, which can introduce risks such as double-counting or overstated availability.
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The information herein (some of which has been obtained from third party sources without verification) is believed by S3 Partners, LLC (“S3 Partners”) to be reliable and accurate. Neither S3 Partners nor any of its affiliates makes any representation as to the accuracy or completeness of the information herein or accepts liability arising from its use. Prior to making any decisions based on the information herein, you should determine, without reliance upon S3 Partners, the economic risks, and merits, as well as the legal, tax, accounting, and investment consequences, of such decisions.
