Tema Memory ETF (NYSEARCA:DISK) Short Interest Update

Tema Memory ETF (NYSEARCA:DISK) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 290,619 shares, a decrease of 76.5% from the July 30th total of 1,237,921 shares. Based on an average trading volume of 265,464 shares, the short-interest ratio is presently 1.1 days. Approximately 14.0% of the shares of the stock are sold short.

Tema Memory ETF Stock Up 2.4%

Shares of DISK traded up $0.89 during mid-day trading on Thursday, reaching $37.38. The company’s stock had a trading volume of 184,769 shares, compared to its average volume of 393,755. Tema Memory ETF has a 1 year low of $28.35 and a 1 year high of $50.46. The firm has a market capitalization of $77.38 million, a P/E ratio of -3,738.00 and a beta of -8.70.

Tema Memory ETF (NYSEARCA: DISK) is an exchange-traded fund designed to provide investors with exposure to companies involved in the memory technology ecosystem. The fund’s strategy centers on businesses tied to the production, development, or use of memory-related hardware and components, an area that can include semiconductors and other technology suppliers connected to data storage and computing demand.

As an ETF, Tema Memory ETF does not operate as a traditional operating company with its own products or services.