Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Short Interest Down 25.3% in February

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 20,100 shares, a decrease of 25.3% from the February 13th total of 26,900 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average trading volume of 21,200 shares, the days-to-cover ratio is presently 0.9 days.

Themes Generative Artificial Intelligence ETF Price Performance

NASDAQ WISE opened at $33.40 on Friday. Themes Generative Artificial Intelligence ETF has a 12 month low of $24.56 and a 12 month high of $42.59. The company has a 50-day moving average of $36.96 and a 200-day moving average of $33.93. The company has a market cap of $21.71 million, a P/E ratio of 35.18 and a beta of 1.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of WISE. VSM Wealth Advisory LLC acquired a new position in shares of Themes Generative Artificial Intelligence ETF during the 4th quarter valued at about $38,000. Strive Asset Management LLC purchased a new stake in shares of Themes Generative Artificial Intelligence ETF during the 4th quarter worth about $282,000. Stratos Wealth Advisors LLC grew its holdings in shares of Themes Generative Artificial Intelligence ETF by 7.5% during the 4th quarter. Stratos Wealth Advisors LLC now owns 26,965 shares of the company’s stock worth $1,035,000 after purchasing an additional 1,871 shares during the period. Finally, OLD Mission Capital LLC grew its holdings in shares of Themes Generative Artificial Intelligence ETF by 209.6% during the 4th quarter. OLD Mission Capital LLC now owns 40,667 shares of the company’s stock worth $1,560,000 after purchasing an additional 27,530 shares during the period.

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.