Themes US R&D Champions ETF (NASDAQ:USRD) Sees Significant Increase in Short Interest

Themes US R&D Champions ETF (NASDAQ:USRD) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 190 shares, an increase of 3,700.0% from the June 30th total of 5 shares. Based on an average daily trading volume, of 338 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.6% of the shares of the stock are sold short.

Themes US R&D Champions ETF Stock Up 0.8%

NASDAQ:USRD opened at $36.68 on Friday. Themes US R&D Champions ETF has a 52-week low of $30.31 and a 52-week high of $40.38. The stock has a fifty day simple moving average of $37.76 and a 200-day simple moving average of $34.88. The company has a market capitalization of $1.10 million, a PE ratio of 34.47 and a beta of 1.26.

About Themes US R&D Champions ETF

The Themes US R&D Champions ETF (USRD) is an exchange-traded fund that is based on the Solactive US R&D Champions index. The fund is passive, mirroring the performance of an index composed of US large- and mid-cap companies focused on Research & Development business activities. USRD was launched on Dec 13, 2023 and is issued by Themes.