Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Sees Large Increase in Short Interest

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 735 shares, an increase of 77.1% from the September 15th total of 415 shares. Based on an average trading volume of 2,745 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Themes Generative Artificial Intelligence ETF

A hedge fund recently bought a new stake in Themes Generative Artificial Intelligence ETF stock. Thryve Wealth Management LLC purchased a new stake in Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,341 shares of the company’s stock, valued at approximately $286,000. Thryve Wealth Management LLC owned 0.76% of Themes Generative Artificial Intelligence ETF at the end of the most recent reporting period.

Themes Generative Artificial Intelligence ETF Trading Down 4.3%

NASDAQ WISE traded down $1.40 during trading on Friday, reaching $31.53. The company’s stock had a trading volume of 3,191 shares, compared to its average volume of 7,308. The stock has a market capitalization of $24.91 million, a PE ratio of 36.64 and a beta of 1.91. Themes Generative Artificial Intelligence ETF has a 1-year low of $30.00 and a 1-year high of $47.57. The business has a 50-day moving average price of $35.51 and a 200-day moving average price of $36.79.

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.