Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Sees Significant Decrease in Short Interest

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 500 shares, a decline of 44.4% from the September 30th total of 900 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is presently 0.1 days.

Themes Generative Artificial Intelligence ETF Price Performance

NASDAQ WISE traded up $0.02 during trading hours on Friday, reaching $30.30. The company’s stock had a trading volume of 860 shares, compared to its average volume of 10,250. The firm has a market capitalization of $13.33 million, a price-to-earnings ratio of 42.40 and a beta of 1.86. The company’s 50-day moving average is $29.31 and its two-hundred day moving average is $28.43. Themes Generative Artificial Intelligence ETF has a 1-year low of $24.56 and a 1-year high of $33.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its holdings in Themes Generative Artificial Intelligence ETF by 21.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 17,484 shares of the company’s stock worth $490,000 after acquiring an additional 3,074 shares in the last quarter. Consolidated Portfolio Review Corp acquired a new stake in shares of Themes Generative Artificial Intelligence ETF in the second quarter valued at about $616,000. Stratos Wealth Advisors LLC acquired a new stake in shares of Themes Generative Artificial Intelligence ETF in the third quarter valued at about $746,000. Finally, Foundations Investment Advisors LLC increased its stake in shares of 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 worth $6,956,000 after purchasing an additional 23,836 shares in the last quarter.

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.