Short Interest in Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Drops By 92.0%

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 30 shares, a decrease of 92.0% from the August 15th total of 374 shares. Based on an average trading volume of 3,308 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Themes Generative Artificial Intelligence ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Thryve Wealth Management LLC bought a new position in Themes Generative Artificial Intelligence ETF in the 4th quarter worth approximately $286,000. NewEdge Advisors LLC boosted its position in shares of Themes Generative Artificial Intelligence ETF by 11.8% in the first quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock valued at $333,000 after acquiring an additional 1,142 shares during the period. Private Advisor Group LLC grew its stake in shares of Themes Generative Artificial Intelligence ETF by 10.9% in the third quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock worth $356,000 after acquiring an additional 800 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Themes Generative Artificial Intelligence ETF by 15.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock worth $445,000 after acquiring an additional 1,535 shares during the last quarter. Finally, JT Stratford LLC increased its position in Themes Generative Artificial Intelligence ETF by 75.7% during the fourth quarter. JT Stratford LLC now owns 15,865 shares of the company’s stock worth $618,000 after acquiring an additional 6,835 shares during the period.

Themes Generative Artificial Intelligence ETF Stock Performance

Themes Generative Artificial Intelligence ETF stock opened at $34.71 on Friday. The business’s 50-day simple moving average is $35.77 and its 200-day simple moving average is $36.64. The firm has a market capitalization of $27.42 million, a PE ratio of 36.64 and a beta of 1.91. Themes Generative Artificial Intelligence ETF has a 52 week low of $30.00 and a 52 week high of $48.91.

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.