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

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

Institutional Trading of Themes Cybersecurity ETF

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

Themes Cybersecurity ETF Trading Down 2.0%

SPAM opened at $48.56 on Friday. Themes Cybersecurity ETF has a 1-year low of $27.43 and a 1-year high of $50.29. The stock has a market capitalization of $7.28 million, a price-to-earnings ratio of 28.26 and a beta of 1.08. The business has a 50 day moving average of $46.03 and a 200-day moving average of $37.87.

About Themes Cybersecurity ETF

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.