Themes Cybersecurity ETF (NASDAQ:SPAM) Sees Significant Growth in Short Interest

Themes Cybersecurity ETF (NASDAQ:SPAM) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,295 shares, an increase of 227.8% from the September 15th total of 395 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,123 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Themes Cybersecurity ETF stock. Citadel Advisors LLC bought a new stake in shares of Themes Cybersecurity ETF (NASDAQ:SPAM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,951 shares of the company’s stock, valued at approximately $251,000. Citadel Advisors LLC owned about 4.96% of Themes Cybersecurity ETF at the end of the most recent reporting period.

Themes Cybersecurity ETF Stock Performance

Shares of Themes Cybersecurity ETF stock traded up $1.86 during mid-day trading on Friday, hitting $49.93. 1,466 shares of the stock were exchanged, compared to its average volume of 2,069. Themes Cybersecurity ETF has a 12 month low of $27.43 and a 12 month high of $49.93. The company has a 50-day simple moving average of $45.41 and a 200 day simple moving average of $39.59. The company has a market capitalization of $7.49 million, a P/E ratio of 28.26 and a beta of 1.08.

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.