Short Interest in Tema Electrification ETF (NASDAQ:VOLT) Rises By 266.4%

Tema Electrification ETF (NASDAQ:VOLT) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 48,000 shares, a growth of 266.4% from the September 30th total of 13,100 shares. Based on an average trading volume of 48,900 shares, the short-interest ratio is currently 1.0 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 48,900 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On Tema Electrification ETF

A number of institutional investors and hedge funds have recently modified their holdings of VOLT. Osaic Holdings Inc. lifted its holdings in Tema Electrification ETF by 381.2% in the second quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock valued at $33,000 after acquiring an additional 1,014 shares during the period. Captrust Financial Advisors acquired a new position in Tema Electrification ETF in the second quarter valued at approximately $386,000. Envestnet Asset Management Inc. acquired a new position in Tema Electrification ETF in the first quarter valued at approximately $762,000. Truist Financial Corp lifted its holdings in Tema Electrification ETF by 21.1% in the second quarter. Truist Financial Corp now owns 33,990 shares of the company’s stock valued at $865,000 after acquiring an additional 5,918 shares during the period. Finally, Jane Street Group LLC lifted its holdings in Tema Electrification ETF by 416.4% in the first quarter. Jane Street Group LLC now owns 86,551 shares of the company’s stock valued at $1,845,000 after acquiring an additional 69,789 shares during the period. Institutional investors and hedge funds own 33.60% of the company’s stock.

Tema Electrification ETF Stock Performance

Shares of VOLT stock opened at $30.81 on Wednesday. Tema Electrification ETF has a fifty-two week low of $19.00 and a fifty-two week high of $31.09. The firm has a market capitalization of $163.91 million, a price-to-earnings ratio of 280.09 and a beta of 1.43. The stock’s 50-day simple moving average is $28.53 and its 200-day simple moving average is $25.96.

About Tema Electrification ETF

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.