Short Interest in Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Drops By 62.9%

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 1,804 shares, a decrease of 62.9% from the June 30th total of 4,867 shares. Based on an average trading volume of 17,962 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

Themes Generative Artificial Intelligence ETF Price Performance

NASDAQ WISE opened at $32.97 on Tuesday. Themes Generative Artificial Intelligence ETF has a one year low of $30.00 and a one year high of $48.91. The firm has a market cap of $26.05 million, a P/E ratio of 36.64 and a beta of 1.86. The stock’s 50-day moving average is $38.50 and its 200-day moving average is $37.16.

Institutional Investors Weigh In On Themes Generative Artificial Intelligence ETF

Several large investors have recently made changes to their positions in the stock. Thryve Wealth Management LLC acquired a new stake in shares of Themes Generative Artificial Intelligence ETF during the fourth quarter worth $286,000. NewEdge Advisors LLC increased its holdings in Themes Generative Artificial Intelligence ETF by 91.5% during the 4th quarter. NewEdge Advisors LLC now owns 20,136 shares of the company’s stock worth $785,000 after purchasing an additional 9,623 shares in the last quarter. Jane Street Group LLC bought a new position in Themes Generative Artificial Intelligence ETF during the 4th quarter worth about $629,000. Commonwealth Equity Services LLC raised its stake in shares of Themes Generative Artificial Intelligence ETF by 15.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock valued at $445,000 after purchasing an additional 1,535 shares during the period. Finally, JT Stratford LLC lifted its holdings in shares of Themes Generative Artificial Intelligence ETF by 75.7% in the fourth quarter. JT Stratford LLC now owns 15,865 shares of the company’s stock valued at $618,000 after purchasing an additional 6,835 shares in the last quarter.

Themes Generative Artificial Intelligence ETF Company Profile

The Themes Generative Artificial Intelligence ETF (WISE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from artificial intelligence related industries. Stocks are weighted based on their relevance to the investment theme WISE was launched on Dec 8, 2023 and is issued by Themes.