Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) Stock Short Interest Drops 51.9%

Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,873 shares, a decline of 51.9% from the October 15th total of 3,898 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 5,487 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Themes Global Systemically Important Banks ETF

An institutional investor recently raised its stake in Themes Global Systemically Important Banks ETF stock. Compass Financial Management LLC lifted its position in Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) by 61,053.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,950 shares of the company’s stock after acquiring an additional 7,937 shares during the quarter. Compass Financial Management LLC owned approximately 1.22% of Themes Global Systemically Important Banks ETF worth $494,000 at the end of the most recent reporting period.

Themes Global Systemically Important Banks ETF Trading Up 0.6%

Themes Global Systemically Important Banks ETF stock traded up $0.36 during trading on Friday, hitting $61.95. 1,352 shares of the company were exchanged, compared to its average volume of 12,101. The company has a market capitalization of $38.41 million, a P/E ratio of 10.31 and a beta of 0.62. The business’s 50 day moving average is $61.97 and its 200 day moving average is $58.68. Themes Global Systemically Important Banks ETF has a 52 week low of $47.44 and a 52 week high of $67.77.

Themes Global Systemically Important Banks ETF Company Profile

The Themes Global Systemically Important Banks ETF (GSIB) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, concentrated portfolio of large-cap stocks selected solely based on the designation as a Global Systemically Important Bank. Stocks are equally weighted in the portfolio. GSIB was launched on Dec 13, 2023 and is issued by Themes.