Short Interest in Tema Memory ETF (NYSEARCA:DISK) Drops By 76.5%

Tema Memory ETF (NYSEARCA:DISK) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 290,619 shares, a decrease of 76.5% from the July 30th total of 1,237,921 shares. Approximately 14.0% of the company’s shares are short sold. Based on an average daily volume of 265,464 shares, the short-interest ratio is currently 1.1 days.

Tema Memory ETF Stock Up 2.4%

Shares of NYSEARCA:DISK traded up $0.89 during midday trading on Thursday, reaching $37.38. The company’s stock had a trading volume of 184,769 shares, compared to its average volume of 393,755. The company has a market cap of $77.38 million, a P/E ratio of -3,738.00 and a beta of -8.70. Tema Memory ETF has a 1 year low of $28.35 and a 1 year high of $50.46.

Tema Memory ETF (NYSEARCA: DISK) is an exchange-traded fund designed to provide investors with exposure to companies involved in the memory technology ecosystem. The fund’s strategy centers on businesses tied to the production, development, or use of memory-related hardware and components, an area that can include semiconductors and other technology suppliers connected to data storage and computing demand.

As an ETF, Tema Memory ETF does not operate as a traditional operating company with its own products or services.