Tema Electrification ETF (NASDAQ:VOLT) Short Interest Update

Tema Electrification ETF (NASDAQ:VOLT) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 179,935 shares, an increase of 363.9% from the July 30th total of 38,788 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 268,686 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Tema Electrification ETF

Several institutional investors have recently added to or reduced their stakes in VOLT. JFS Wealth Advisors LLC bought a new position in shares of Tema Electrification ETF in the second quarter valued at approximately $27,000. NewEdge Advisors LLC acquired a new stake in shares of Tema Electrification ETF in the fourth quarter valued at $28,000. Osaic Holdings Inc. lifted its position in Tema Electrification ETF by 381.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock worth $33,000 after buying an additional 1,014 shares in the last quarter. SHP Wealth Management bought a new stake in Tema Electrification ETF during the 4th quarter worth about $34,000. Finally, Allworth Financial LP bought a new stake in Tema Electrification ETF during the 4th quarter worth about $49,000. 33.60% of the stock is owned by institutional investors.

Tema Electrification ETF Stock Down 1.9%

NASDAQ:VOLT traded down $0.68 during trading hours on Friday, reaching $35.79. The company had a trading volume of 155,757 shares, compared to its average volume of 304,117. The stock has a 50-day moving average of $38.42 and a two-hundred day moving average of $37.60. Tema Electrification ETF has a one year low of $26.66 and a one year high of $42.16. The firm has a market capitalization of $727.25 million, a PE ratio of 325.36 and a beta of 1.07.

About Tema Electrification ETF

The Tema Electrification ETF (VOLT) is an exchange-traded fund that mostly invests in utilities equity. The fund actively invests in a concentrated portfolio of companies worldwide that are positioned to benefit from the electrification megacycle. The fund seeks long-term growth of capital. VOLT was launched on Dec 3, 2024 and is issued by Tema.