Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Short Interest Down 69.1% in July

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 558 shares, a decrease of 69.1% from the July 15th total of 1,804 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 4,906 shares, the days-to-cover ratio is presently 0.1 days.

Themes Generative Artificial Intelligence ETF Stock Down 1.3%

NASDAQ:WISE traded down $0.51 on Friday, hitting $37.95. The stock had a trading volume of 3,874 shares, compared to its average volume of 8,226. The business’s 50-day simple moving average is $37.03 and its two-hundred day simple moving average is $36.73. The stock has a market cap of $29.98 million, a price-to-earnings ratio of 36.64 and a beta of 1.91. Themes Generative Artificial Intelligence ETF has a 52-week low of $30.00 and a 52-week high of $48.91.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC bought a new stake in shares of Themes Generative Artificial Intelligence ETF during the 3rd quarter valued at $2,459,000. Jane Street Group LLC purchased a new stake in Themes Generative Artificial Intelligence ETF in the first quarter worth about $959,000. HighTower Advisors LLC lifted its position in shares of Themes Generative Artificial Intelligence ETF by 15.4% during the 4th quarter. HighTower Advisors LLC now owns 29,076 shares of the company’s stock valued at $1,133,000 after buying an additional 3,888 shares in the last quarter. Welch Financial Planning LLC bought a new position in shares of Themes Generative Artificial Intelligence ETF during the 4th quarter valued at approximately $899,000. Finally, NewEdge Advisors LLC increased its holdings in Themes Generative Artificial Intelligence ETF by 91.5% in the 4th quarter. NewEdge Advisors LLC now owns 20,136 shares of the company’s stock worth $785,000 after acquiring an additional 9,623 shares in the last quarter.

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.