Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) Sees Significant Drop in Short Interest

Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 3,156 shares, a decrease of 71.5% from the August 15th total of 11,077 shares. Based on an average daily volume of 5,286 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Tema S&P 500 Historical Weight ETF Strategy stock. Citadel Advisors LLC purchased a new stake in shares of Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) in the second quarter, according to its most recent filing with the SEC. The firm purchased 4,598 shares of the company’s stock, valued at approximately $303,000.

Tema S&P 500 Historical Weight ETF Strategy Trading Down 0.3%

Shares of DSPY traded down $0.21 during trading hours on Monday, reaching $66.18. The company had a trading volume of 571 shares, compared to its average volume of 15,875. The firm has a 50 day simple moving average of $66.31 and a 200-day simple moving average of $63.33. The company has a market capitalization of $986.10 million, a price-to-earnings ratio of 23.85 and a beta of 0.83. Tema S&P 500 Historical Weight ETF Strategy has a 12-month low of $55.66 and a 12-month high of $68.42.

About Tema S&P 500 Historical Weight ETF Strategy

The Tema S&P 500 Historical Weight ETF Strategy (DSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in the securities of the S&P 500 index while utilizing a weight-adjusted methodology. It aims to create a portfolio reflecting the indexs average concentration levels since 1989 through historical weightings. DSPY was launched on Apr 1, 2025 and is issued by Tema.