Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) Short Interest Down 74.9% in July

Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 8,113 shares, a drop of 74.9% from the July 15th total of 32,271 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,644 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Themes Global Systemically Important Banks ETF stock. Worth Asset Management LLC bought a new position in Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,775 shares of the company’s stock, valued at approximately $225,000. Worth Asset Management LLC owned 0.82% of Themes Global Systemically Important Banks ETF at the end of the most recent reporting period.

Themes Global Systemically Important Banks ETF Stock Performance

Shares of GSIB stock traded down $0.02 during midday trading on Friday, reaching $65.26. 6,331 shares of the company were exchanged, compared to its average volume of 13,249. The company’s 50 day moving average price is $61.95 and its two-hundred day moving average price is $56.80. The company has a market cap of $48.95 million, a P/E ratio of 10.08 and a beta of 0.56. Themes Global Systemically Important Banks ETF has a 12 month low of $45.37 and a 12 month high of $66.67.

Themes Global Systemically Important Banks ETF Company Profile

The Themes Global Systemically Important Banks ETF (GSIB) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, concentrated portfolio of large-cap stocks selected solely based on the designation as a Global Systemically Important Bank. Stocks are equally weighted in the portfolio. GSIB was launched on Dec 13, 2023 and is issued by Themes.