Themes Transatlantic Defense ETF (NASDAQ:NATO) Stock Short Interest Drops 56.8%

Themes Transatlantic Defense ETF (NASDAQ:NATO) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 22,863 shares, a decline of 56.8% from the August 31st total of 52,932 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 31,925 shares, the short-interest ratio is presently 0.7 days.

Themes Transatlantic Defense ETF Stock Performance

Shares of NASDAQ NATO remained flat at $37.16 during midday trading on Tuesday. 12,323 shares of the company’s stock were exchanged, compared to its average volume of 32,058. Themes Transatlantic Defense ETF has a fifty-two week low of $35.00 and a fifty-two week high of $44.39. The company’s 50-day moving average is $40.44 and its 200-day moving average is $40.03. The company has a market cap of $92.90 million, a PE ratio of 33.05 and a beta of 0.66.

Hedge Funds Weigh In On Themes Transatlantic Defense ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers acquired a new stake in shares of Themes Transatlantic Defense ETF during the first quarter worth about $2,169,000. SHP Wealth Management acquired a new position in Themes Transatlantic Defense ETF in the 4th quarter worth approximately $766,000. Envestnet Asset Management Inc. acquired a new position in Themes Transatlantic Defense ETF in the 2nd quarter worth approximately $492,000. Royal Bank of Canada increased its holdings in Themes Transatlantic Defense ETF by 109.6% in the 1st quarter. Royal Bank of Canada now owns 5,140 shares of the company’s stock worth $198,000 after buying an additional 2,688 shares during the period. Finally, Nautilus Advisors LLC raised its position in Themes Transatlantic Defense ETF by 23.4% during the 1st quarter. Nautilus Advisors LLC now owns 10,530 shares of the company’s stock worth $406,000 after buying an additional 2,000 shares during the last quarter.

About Themes Transatlantic Defense ETF

The Themes Transatlantic Defense ETF (NATO) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an all-cap index of companies that have business operations in the aerospace and defense industry and are headquartered in North Atlantic Treaty Organization member countries. Companies are selected based on tie to the industry and weighted by market-cap. NATO was launched on Oct 11, 2024 and is issued by Themes.