Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Sees Significant Increase in Short Interest

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 800 shares, an increase of 100.0% from the August 31st total of 400 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is currently 0.1 days.

Themes Generative Artificial Intelligence ETF Stock Performance

Shares of NASDAQ WISE opened at $29.94 on Friday. The stock has a fifty day moving average price of $28.10 and a two-hundred day moving average price of $28.44. The firm has a market cap of $21.26 million, a P/E ratio of 42.40 and a beta of 1.86. Themes Generative Artificial Intelligence ETF has a 1 year low of $24.56 and a 1 year high of $33.00.

Hedge Funds Weigh In On Themes Generative Artificial Intelligence ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 10.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 247,988 shares of the company’s stock valued at $6,956,000 after purchasing an additional 23,836 shares in the last quarter. Consolidated Portfolio Review Corp bought a new position in Themes Generative Artificial Intelligence ETF during the 2nd quarter valued at $616,000. Commonwealth Equity Services LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 21.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 17,484 shares of the company’s stock valued at $490,000 after purchasing an additional 3,074 shares in the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. bought a new position in Themes Generative Artificial Intelligence ETF during the 1st quarter valued at $262,000.

About Themes Generative Artificial Intelligence ETF

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.