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

Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 13,012 shares, an increase of 60.5% from the July 15th total of 8,106 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 3,875 shares, the short-interest ratio is presently 3.4 days.

Tema S&P 500 Historical Weight ETF Strategy Trading Down 1.3%

NYSEARCA:DSPY traded down $0.87 during midday trading on Monday, hitting $67.55. 6,667 shares of the company traded hands, compared to its average volume of 15,461. The firm’s fifty day moving average is $65.57 and its 200-day moving average is $62.32. Tema S&P 500 Historical Weight ETF Strategy has a 12-month low of $54.61 and a 12-month high of $68.42. The firm has a market capitalization of $1.01 billion, a P/E ratio of 23.85 and a beta of 0.83.

Hedge Funds Weigh In On Tema S&P 500 Historical Weight ETF Strategy

A hedge fund recently bought a new position in Tema S&P 500 Historical Weight ETF Strategy stock. Citadel Advisors LLC purchased a new stake in Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,206 shares of the company’s stock, valued at approximately $355,000.

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.