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

Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 8,106 shares, a decline of 59.2% from the June 30th total of 19,883 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 7,689 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of 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 bought a new stake in shares of Tema S&P 500 Historical Weight ETF Strategy (NYSEARCA:DSPY) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,206 shares of the company’s stock, valued at approximately $355,000.

Tema S&P 500 Historical Weight ETF Strategy Price Performance

Shares of DSPY opened at $64.81 on Monday. Tema S&P 500 Historical Weight ETF Strategy has a 12-month low of $50.40 and a 12-month high of $67.59. The firm has a market capitalization of $965.67 million, a PE ratio of 23.85 and a beta of 0.81. The stock’s fifty day simple moving average is $65.00 and its 200-day simple moving average is $61.58.

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.