Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Sees Large Growth in Short Interest

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 1,400 shares, an increase of 55.6% from the November 15th total of 900 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp lifted its holdings in Themes Generative Artificial Intelligence ETF by 10.4% during the third quarter. Consolidated Portfolio Review Corp now owns 24,246 shares of the company’s stock worth $721,000 after acquiring an additional 2,291 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Themes Generative Artificial Intelligence ETF by 21.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 17,484 shares of the company’s stock worth $490,000 after purchasing an additional 3,074 shares during the period. Foundations Investment Advisors LLC raised its stake in shares of Themes Generative Artificial Intelligence ETF by 10.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 247,988 shares of the company’s stock worth $6,956,000 after purchasing an additional 23,836 shares during the period. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of Themes Generative Artificial Intelligence ETF in the 3rd quarter worth about $746,000.

Themes Generative Artificial Intelligence ETF Price Performance

WISE opened at $36.93 on Friday. The firm’s fifty day moving average price is $32.45 and its two-hundred day moving average price is $29.73. The company has a market capitalization of $16.25 million, a price-to-earnings ratio of 42.40 and a beta of 1.86. Themes Generative Artificial Intelligence ETF has a 1 year low of $24.56 and a 1 year high of $38.42.

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.