Themes Cybersecurity ETF (NASDAQ:SPAM) Short Interest Update

Themes Cybersecurity ETF (NASDAQ:SPAM) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 11,290 shares, an increase of 98.6% from the May 14th total of 5,685 shares. Approximately 14.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,924 shares, the days-to-cover ratio is currently 2.3 days.

Hedge Funds Weigh In On Themes Cybersecurity ETF

A hedge fund recently bought a new stake in Themes Cybersecurity ETF stock. NewEdge Advisors LLC acquired a new position in Themes Cybersecurity ETF (NASDAQ:SPAM) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,826 shares of the company’s stock, valued at approximately $270,000. NewEdge Advisors LLC owned 11.03% of Themes Cybersecurity ETF as of its most recent SEC filing.

Themes Cybersecurity ETF Stock Up 1.4%

SPAM traded up $0.52 during midday trading on Monday, reaching $38.80. The company had a trading volume of 11,961 shares, compared to its average volume of 1,994. The business has a 50-day moving average of $34.67 and a two-hundred day moving average of $32.06. The company has a market cap of $3.10 million, a P/E ratio of 28.26 and a beta of 1.12. Themes Cybersecurity ETF has a 1 year low of $27.43 and a 1 year high of $42.76.

About Themes Cybersecurity ETF

The Themes Cybersecurity ETF (SPAM) is an exchange-traded fund that is based on the Solactive Cyber Security index. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from digital security software. Stocks are weighted based on market capitalization. SPAM was launched on Dec 8, 2023 and is issued by Themes.