Themes Cybersecurity ETF (NASDAQ:SPAM) Stock Short Interest Rises 325.9%

Themes Cybersecurity ETF (NASDAQ:SPAM) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 5,515 shares, a growth of 325.9% from the September 30th total of 1,295 shares. Based on an average daily trading volume, of 3,037 shares, the days-to-cover ratio is presently 1.8 days. Currently, 3.7% of the company’s shares are short sold.

Themes Cybersecurity ETF Trading Up 0.1%

SPAM opened at $50.23 on Wednesday. The company has a fifty day simple moving average of $45.86 and a 200 day simple moving average of $37.69. The firm has a market cap of $7.53 million, a price-to-earnings ratio of 28.26 and a beta of 1.08. Themes Cybersecurity ETF has a twelve month low of $27.43 and a twelve month high of $50.29.

Institutional Investors Weigh In On Themes Cybersecurity ETF

An institutional investor recently bought a new stake in Themes Cybersecurity ETF stock. Citadel Advisors LLC bought a new position in Themes Cybersecurity ETF (NASDAQ:SPAM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,951 shares of the company’s stock, valued at approximately $251,000. Citadel Advisors LLC owned about 4.96% of Themes Cybersecurity ETF at the end of the most recent reporting period.

Themes Cybersecurity ETF Company Profile

The Themes Cybersecurity ETF (SPAM) is an exchange-traded fund that is based on the Solactive Cyber Security index. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from digital security software. Stocks are weighted based on market capitalization. SPAM was launched on Dec 8, 2023 and is issued by Themes.