Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Short Interest Down 46.5% in June

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 9,213 shares, a drop of 46.5% from the May 31st total of 17,227 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 21,255 shares, the short-interest ratio is currently 0.4 days.

Themes Generative Artificial Intelligence ETF Price Performance

Shares of NASDAQ:WISE opened at $37.32 on Tuesday. Themes Generative Artificial Intelligence ETF has a 12 month low of $30.00 and a 12 month high of $48.91. The firm has a market capitalization of $30.98 million, a P/E ratio of 36.64 and a beta of 1.79. The company’s fifty day moving average price is $39.52 and its 200 day moving average price is $37.77.

Institutional Trading of Themes Generative Artificial Intelligence ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in WISE. Private Advisor Group LLC boosted its position in shares of Themes Generative Artificial Intelligence ETF by 10.9% in the 3rd quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock valued at $356,000 after purchasing an additional 800 shares during the period. NewEdge Advisors LLC grew its stake in Themes Generative Artificial Intelligence ETF by 11.8% during the 1st quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock worth $333,000 after buying an additional 1,142 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Themes Generative Artificial Intelligence ETF by 15.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock worth $445,000 after buying an additional 1,535 shares during the period. U.S. Capital Wealth Advisors LLC increased its position in Themes Generative Artificial Intelligence ETF by 11.4% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 29,465 shares of the company’s stock worth $1,148,000 after buying an additional 3,025 shares during the period. Finally, Stratos Wealth Advisors LLC lifted its stake in Themes Generative Artificial Intelligence ETF by 11.1% in the fourth quarter. Stratos Wealth Advisors LLC now owns 36,445 shares of the company’s stock valued at $1,420,000 after buying an additional 3,633 shares during the last quarter.

Themes Generative Artificial Intelligence ETF Company Profile

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.