Tema Memory ETF (NYSEARCA:DISK) Short Interest Down 37.5% in August

Tema Memory ETF (NYSEARCA:DISKGet Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 181,686 shares, a drop of 37.5% from the August 15th total of 290,619 shares. Based on an average trading volume of 254,898 shares, the short-interest ratio is presently 0.7 days. Approximately 8.8% of the company’s shares are sold short.

Tema Memory ETF Trading Up 2.6%

NYSEARCA DISK traded up $0.92 during trading hours on Wednesday, hitting $36.47. 22,483 shares of the company’s stock were exchanged, compared to its average volume of 335,867. The stock has a market cap of $109.36 million, a price-to-earnings ratio of -3,646.60 and a beta of 7.32. Tema Memory ETF has a 1-year low of $28.35 and a 1-year high of $50.46. The firm has a 50-day moving average of $36.15.

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.

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