Themes Cybersecurity ETF (NASDAQ:SPAM) Shares Shorted: Short Interest Up 325.9% in October

Themes Cybersecurity ETF (NASDAQ:SPAM) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 5,515 shares, a growth of 325.9% from the September 30th total of 1,295 shares. Currently, 3.7% of the shares of the company are short sold. Based on an average daily volume of 3,037 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of Themes Cybersecurity ETF

A hedge fund recently bought a new stake in Themes Cybersecurity ETF stock. Citadel Advisors LLC bought a new position in shares of Themes Cybersecurity ETF (NASDAQ:SPAM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,951 shares of the company’s stock, valued at approximately $251,000. Citadel Advisors LLC owned approximately 4.96% of Themes Cybersecurity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Themes Cybersecurity ETF Price Performance

Shares of NASDAQ:SPAM opened at $50.23 on Wednesday. The business’s 50 day moving average price is $45.86 and its 200-day moving average price is $37.69. Themes Cybersecurity ETF has a 1 year low of $27.43 and a 1 year high of $50.29. The firm has a market capitalization of $7.53 million, a price-to-earnings ratio of 28.26 and a beta of 1.08.

Themes Cybersecurity ETF Company Profile

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.