Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Short Interest Down 44.4% in October

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 500 shares, a drop of 44.4% from the September 30th total of 900 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is presently 0.1 days.

Themes Generative Artificial Intelligence ETF Trading Up 0.1 %

WISE opened at $30.30 on Friday. The firm has a 50 day moving average of $29.31 and a two-hundred day moving average of $28.44. Themes Generative Artificial Intelligence ETF has a 12-month low of $24.56 and a 12-month high of $33.00. The firm has a market capitalization of $13.33 million, a PE ratio of 42.40 and a beta of 1.86.

Institutional Investors Weigh In On Themes Generative Artificial Intelligence ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC lifted its holdings in shares of Themes Generative Artificial Intelligence ETF by 21.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 17,484 shares of the company’s stock valued at $490,000 after buying an additional 3,074 shares during the period. Consolidated Portfolio Review Corp purchased a new position in Themes Generative Artificial Intelligence ETF during the second quarter valued at approximately $616,000. Stratos Wealth Advisors LLC acquired a new position in Themes Generative Artificial Intelligence ETF in the third quarter valued at approximately $746,000. Finally, Foundations Investment Advisors LLC lifted its holdings in Themes Generative Artificial Intelligence ETF by 10.6% in the second quarter. Foundations Investment Advisors LLC now owns 247,988 shares of the company’s stock valued at $6,956,000 after acquiring an additional 23,836 shares during the period.

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.