Tema Memory ETF (NYSEARCA:DISK) Short Interest Update

Tema Memory ETF (NYSEARCA:DISK) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 290,619 shares, a decline of 76.5% from the July 30th total of 1,237,921 shares. Currently, 14.0% of the company’s stock are sold short. Based on an average daily trading volume, of 265,464 shares, the days-to-cover ratio is currently 1.1 days.

Tema Memory ETF Stock Performance

Shares of NYSEARCA:DISK traded down $1.39 on Friday, reaching $35.99. 178,929 shares of the company’s stock were exchanged, compared to its average volume of 388,741. Tema Memory ETF has a fifty-two week low of $28.35 and a fifty-two week high of $50.46. The stock has a market capitalization of $74.50 million, a price-to-earnings ratio of -3,599.00 and a beta of -8.70.

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.