Short Interest in Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Decreases By 46.5%

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 9,213 shares, a decrease of 46.5% from the May 31st total of 17,227 shares. Based on an average trading volume of 21,255 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Themes Generative Artificial Intelligence ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of WISE. NewEdge Advisors LLC increased its position in Themes Generative Artificial Intelligence ETF by 11.8% during the first quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock worth $333,000 after buying an additional 1,142 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Themes Generative Artificial Intelligence ETF during the 1st quarter worth approximately $959,000. JT Stratford LLC bought a new stake in Themes Generative Artificial Intelligence ETF in the 3rd quarter valued at $395,000. Private Advisor Group LLC boosted its position in 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 worth $356,000 after purchasing an additional 800 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of Themes Generative Artificial Intelligence ETF in the third quarter valued at $2,459,000.

Themes Generative Artificial Intelligence ETF Price Performance

WISE stock traded down $1.58 during trading hours on Thursday, reaching $36.83. The stock had a trading volume of 125,844 shares, compared to its average volume of 8,026. The stock has a 50-day simple moving average of $39.55 and a 200 day simple moving average of $37.71. Themes Generative Artificial Intelligence ETF has a fifty-two week low of $30.00 and a fifty-two week high of $48.91. The stock has a market capitalization of $30.57 million, a PE ratio of 36.64 and a beta of 1.79.

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.