Tema Electrification ETF (NASDAQ:VOLT) Short Interest Down 47.3% in July

Tema Electrification ETF (NASDAQ:VOLT) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 38,788 shares, a decline of 47.3% from the July 15th total of 73,668 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 335,251 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its position in shares of Tema Electrification ETF by 170.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 2,300,473 shares of the company’s stock worth $66,784,000 after buying an additional 1,449,199 shares during the period. Members Advisory Group LLC raised its position in shares of Tema Electrification ETF by 13.5% during the 1st quarter. Members Advisory Group LLC now owns 379,934 shares of the company’s stock valued at $13,009,000 after acquiring an additional 45,138 shares during the last quarter. Arrow Financial Corp acquired a new position in shares of Tema Electrification ETF in the 4th quarter valued at $10,730,000. LPL Financial LLC boosted its position in shares of Tema Electrification ETF by 831.9% in the 4th quarter. LPL Financial LLC now owns 146,969 shares of the company’s stock worth $4,251,000 after purchasing an additional 131,198 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Tema Electrification ETF by 764.2% during the fourth quarter. HighTower Advisors LLC now owns 126,119 shares of the company’s stock worth $3,648,000 after purchasing an additional 111,525 shares during the period. 33.60% of the stock is currently owned by institutional investors and hedge funds.

Tema Electrification ETF Stock Up 1.4%

Shares of VOLT opened at $39.31 on Tuesday. The stock’s fifty day simple moving average is $38.89 and its 200-day simple moving average is $37.38. The firm has a market capitalization of $798.78 million, a PE ratio of 357.36 and a beta of 1.07. Tema Electrification ETF has a 12-month low of $26.66 and a 12-month high of $42.16.

Tema Electrification ETF Company Profile

The Tema Electrification ETF (VOLT) is an exchange-traded fund that mostly invests in utilities equity. The fund actively invests in a concentrated portfolio of companies worldwide that are positioned to benefit from the electrification megacycle. The fund seeks long-term growth of capital. VOLT was launched on Dec 3, 2024 and is issued by Tema.