Themes Transatlantic Defense ETF (NASDAQ:NATO) Short Interest Update

Themes Transatlantic Defense ETF (NASDAQ:NATO) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 22,863 shares, a decrease of 56.8% from the August 31st total of 52,932 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 31,925 shares, the days-to-cover ratio is presently 0.7 days.

Themes Transatlantic Defense ETF Trading Down 1.8%

Shares of NATO stock traded down $0.67 on Monday, reaching $37.16. The company’s stock had a trading volume of 6,338 shares, compared to its average volume of 32,165. The stock’s fifty day simple moving average is $40.52 and its 200-day simple moving average is $40.11. Themes Transatlantic Defense ETF has a 1 year low of $35.00 and a 1 year high of $44.39. The company has a market capitalization of $92.90 million, a price-to-earnings ratio of 33.05 and a beta of 0.66.

Hedge Funds Weigh In On Themes Transatlantic Defense ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. SHP Wealth Management purchased a new stake in shares of Themes Transatlantic Defense ETF during the 4th quarter valued at about $766,000. Cetera Investment Advisers bought a new position in shares of Themes Transatlantic Defense ETF in the 1st quarter valued at about $2,169,000. Envestnet Asset Management Inc. purchased a new position in Themes Transatlantic Defense ETF in the second quarter worth about $492,000. Royal Bank of Canada grew its position in Themes Transatlantic Defense ETF by 109.6% in the first quarter. Royal Bank of Canada now owns 5,140 shares of the company’s stock worth $198,000 after acquiring an additional 2,688 shares in the last quarter. Finally, Nautilus Advisors LLC increased its stake in Themes Transatlantic Defense ETF by 23.4% during the first quarter. Nautilus Advisors LLC now owns 10,530 shares of the company’s stock worth $406,000 after acquiring an additional 2,000 shares during the last quarter.

About Themes Transatlantic Defense ETF

The Themes Transatlantic Defense ETF (NATO) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an all-cap index of companies that have business operations in the aerospace and defense industry and are headquartered in North Atlantic Treaty Organization member countries. Companies are selected based on tie to the industry and weighted by market-cap. NATO was launched on Oct 11, 2024 and is issued by Themes.