Tema Heart & Health ETF (NASDAQ:HRTS) Short Interest Down 40.1% in June

Tema Heart & Health ETF (NASDAQ:HRTS) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 583 shares, a decline of 40.1% from the June 15th total of 974 shares. Based on an average trading volume of 8,175 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of Tema Heart & Health ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brookstone Capital Management acquired a new position in Tema Heart & Health ETF during the fourth quarter worth approximately $364,000. CoreCap Advisors LLC boosted its holdings in shares of Tema Heart & Health ETF by 17.2% in the fourth quarter. CoreCap Advisors LLC now owns 60,679 shares of the company’s stock valued at $2,141,000 after acquiring an additional 8,903 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Tema Heart & Health ETF in the third quarter valued at approximately $243,000. Stifel Financial Corp grew its position in shares of Tema Heart & Health ETF by 19.8% during the fourth quarter. Stifel Financial Corp now owns 33,647 shares of the company’s stock worth $1,187,000 after acquiring an additional 5,571 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of Tema Heart & Health ETF by 9.4% during the second quarter. Jane Street Group LLC now owns 37,164 shares of the company’s stock worth $1,062,000 after acquiring an additional 3,202 shares during the last quarter.

Tema Heart & Health ETF Stock Performance

NASDAQ HRTS traded down $0.11 during trading hours on Friday, hitting $36.41. The company had a trading volume of 1,301 shares, compared to its average volume of 6,028. The business has a 50 day moving average of $34.91 and a 200-day moving average of $34.84. The company has a market cap of $54.25 million, a PE ratio of 22.06 and a beta of 0.63. Tema Heart & Health ETF has a 1-year low of $27.24 and a 1-year high of $37.57.

About Tema Heart & Health ETF

The Tema Obesity & Cardiometabolic ETF (HRTS) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that concentrates on companies focused on the treatment of cardiovascular diseases and/or metabolic diseases from companies all around the world. Using both top-down and bottom-up stock selection, the fund identifies innovative companies deemed attractive. HRTS was launched on Nov 20, 2023 and is issued by Tema.