Short Interest in Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Drops By 69.1%

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 558 shares, a drop of 69.1% from the July 15th total of 1,804 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,906 shares, the days-to-cover ratio is currently 0.1 days.

Themes Generative Artificial Intelligence ETF Trading Down 1.3%

NASDAQ WISE opened at $37.95 on Friday. The stock’s 50-day moving average price is $36.98 and its two-hundred day moving average price is $36.74. The company has a market cap of $29.98 million, a PE ratio of 36.64 and a beta of 1.91. Themes Generative Artificial Intelligence ETF has a 1 year low of $30.00 and a 1 year high of $48.91.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC raised its holdings in shares of Themes Generative Artificial Intelligence ETF by 10.9% during the third quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock valued at $356,000 after acquiring an additional 800 shares during the period. NewEdge Advisors LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 11.8% in the 1st quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock worth $333,000 after purchasing an additional 1,142 shares during the period. Commonwealth Equity Services LLC grew its position in Themes Generative Artificial Intelligence ETF by 15.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock worth $445,000 after purchasing an additional 1,535 shares in the last quarter. HighTower Advisors LLC grew its position in Themes Generative Artificial Intelligence ETF by 15.4% during the 4th quarter. HighTower Advisors LLC now owns 29,076 shares of the company’s stock worth $1,133,000 after purchasing an additional 3,888 shares in the last quarter. Finally, JT Stratford LLC grew its position in Themes Generative Artificial Intelligence ETF by 75.7% during the 4th quarter. JT Stratford LLC now owns 15,865 shares of the company’s stock worth $618,000 after purchasing an additional 6,835 shares in 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.