Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) Stock Short Interest Falls 36.6%

Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,898 shares, a drop of 36.6% from the September 30th total of 6,152 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 8,165 shares, the short-interest ratio is presently 0.5 days.

Themes Global Systemically Important Banks ETF Stock Down 0.7%

Shares of NASDAQ:GSIB opened at $59.51 on Wednesday. Themes Global Systemically Important Banks ETF has a 12-month low of $47.44 and a 12-month high of $67.77. The stock has a market cap of $38.68 million, a PE ratio of 10.31 and a beta of 0.64. The business has a 50 day moving average of $62.54 and a 200-day moving average of $58.37.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Themes Global Systemically Important Banks ETF stock. Worth Asset Management LLC lifted its holdings in Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) by 4.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,945 shares of the company’s stock after acquiring an additional 170 shares during the period. Worth Asset Management LLC owned approximately 0.58% of Themes Global Systemically Important Banks ETF worth $246,000 as of its most recent filing with the SEC.

Themes Global Systemically Important Banks ETF Company Profile

The Themes Global Systemically Important Banks ETF (GSIB) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, concentrated portfolio of large-cap stocks selected solely based on the designation as a Global Systemically Important Bank. Stocks are equally weighted in the portfolio. GSIB was launched on Dec 13, 2023 and is issued by Themes.