Tema Memory ETF (NYSEARCA:DISK) Sees Significant Growth in Short Interest

Tema Memory ETF (NYSEARCA:DISK) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,237,921 shares, a growth of 1,564.8% from the July 15th total of 74,358 shares. Based on an average trading volume of 520,944 shares, the days-to-cover ratio is presently 2.4 days. Approximately 59.8% of the company’s shares are short sold.

Tema Memory ETF Trading Up 7.1%

NYSEARCA DISK opened at $36.24 on Thursday. The stock has a market cap of $75.02 million and a PE ratio of -3,624.00. Tema Memory ETF has a one year low of $28.35 and a one year high of $50.46.

Tema Memory ETF (NYSEARCA: DISK) is an exchange-traded fund designed to provide investors with exposure to companies involved in the memory technology ecosystem. The fund’s strategy centers on businesses tied to the production, development, or use of memory-related hardware and components, an area that can include semiconductors and other technology suppliers connected to data storage and computing demand.

As an ETF, Tema Memory ETF does not operate as a traditional operating company with its own products or services.