Short Interest in Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Expands By 800.0%

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 900 shares, an increase of 800.0% from the October 31st total of 100 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WISE. Consolidated Portfolio Review Corp boosted its stake in shares of Themes Generative Artificial Intelligence ETF by 10.4% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 24,246 shares of the company’s stock valued at $721,000 after buying an additional 2,291 shares during the last quarter. Stratos Wealth Advisors LLC bought a new stake in Themes Generative Artificial Intelligence ETF in the third quarter valued at about $746,000. Foundations Investment Advisors LLC raised its stake in Themes Generative Artificial Intelligence ETF by 10.6% during the second quarter. Foundations Investment Advisors LLC now owns 247,988 shares of the company’s stock valued at $6,956,000 after buying an additional 23,836 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in Themes Generative Artificial Intelligence ETF by 21.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 17,484 shares of the company’s stock worth $490,000 after buying an additional 3,074 shares during the last quarter.

Themes Generative Artificial Intelligence ETF Stock Performance

Shares of NASDAQ:WISE traded up $0.18 during mid-day trading on Wednesday, hitting $33.60. 1,195 shares of the company traded hands, compared to its average volume of 9,551. The firm has a market cap of $14.78 million, a P/E ratio of 42.40 and a beta of 1.86. The firm’s 50 day simple moving average is $30.80 and its 200 day simple moving average is $29.05. Themes Generative Artificial Intelligence ETF has a 52-week low of $24.56 and a 52-week high of $34.31.

About Themes Generative Artificial Intelligence ETF

The Themes Generative Artificial Intelligence ETF (WISE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from artificial intelligence related industries. Stocks are weighted based on their relevance to the investment theme WISE was launched on Dec 8, 2023 and is issued by Themes.