Tema Electrification ETF (NASDAQ:VOLT – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 179,935 shares, an increase of 363.9% from the July 30th total of 38,788 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 268,686 shares, the short-interest ratio is currently 0.7 days.
Tema Electrification ETF Price Performance
Shares of VOLT stock traded down $0.06 during trading on Thursday, reaching $36.47. The company had a trading volume of 310,461 shares, compared to its average volume of 305,398. The firm’s 50 day simple moving average is $38.51 and its two-hundred day simple moving average is $37.58. Tema Electrification ETF has a one year low of $26.66 and a one year high of $42.16. The company has a market capitalization of $741.07 million, a PE ratio of 331.55 and a beta of 1.07.
Institutional Trading of Tema Electrification ETF
Institutional investors and hedge funds have recently modified their holdings of the company. JFS Wealth Advisors LLC bought a new stake in shares of Tema Electrification ETF during the 2nd quarter worth $27,000. NewEdge Advisors LLC bought a new position in Tema Electrification ETF in the 4th quarter worth $28,000. Osaic Holdings Inc. lifted its position in Tema Electrification ETF by 381.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock worth $33,000 after acquiring an additional 1,014 shares during the last quarter. SHP Wealth Management acquired a new position in Tema Electrification ETF during the 4th quarter worth $34,000. Finally, Allworth Financial LP acquired a new position in Tema Electrification ETF during the 4th quarter worth $49,000. 33.60% of the stock is currently owned by institutional investors and hedge funds.
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.
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