Themes US Infrastructure ETF (NASDAQ:HWAY) Sees Large Increase in Short Interest

Themes US Infrastructure ETF (NASDAQ:HWAY) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 776 shares, an increase of 302.1% from the April 30th total of 193 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 986 shares, the days-to-cover ratio is currently 0.8 days.

Themes US Infrastructure ETF Trading Down 0.3%

Shares of Themes US Infrastructure ETF stock traded down $0.12 on Friday, hitting $37.23. 510 shares of the company traded hands, compared to its average volume of 1,041. The firm’s 50-day simple moving average is $35.57 and its 200 day simple moving average is $33.91. The company has a market cap of $2.98 million, a P/E ratio of -8.86 and a beta of 1.33. Themes US Infrastructure ETF has a 12-month low of $26.40 and a 12-month high of $41.12.

Hedge Funds Weigh In On Themes US Infrastructure ETF

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Truist Financial Corp bought a new stake in shares of Themes US Infrastructure ETF (NASDAQ:HWAY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,755 shares of the company’s stock, valued at approximately $271,000. Truist Financial Corp owned about 12.51% of Themes US Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 94.03% of the company’s stock.

About Themes US Infrastructure ETF

The Themes US Infrastructure ETF (HWAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index that provides exposure to US companies associated broadly with infrastructure. HWAY was launched on Sep 12, 2024 and is issued by Themes.