Short Interest in Themes Cybersecurity ETF (NASDAQ:SPAM) Decreases By 86.9%

Themes Cybersecurity ETF (NASDAQ:SPAM) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,484 shares, a decrease of 86.9% from the May 31st total of 11,290 shares. Based on an average daily volume of 5,876 shares, the short-interest ratio is presently 0.3 days. Currently, 1.9% of the shares of the company are short sold.

Themes Cybersecurity ETF Stock Performance

NASDAQ SPAM opened at $38.03 on Friday. Themes Cybersecurity ETF has a 1-year low of $27.43 and a 1-year high of $42.76. The company has a 50 day moving average of $36.19 and a 200-day moving average of $32.42. The company has a market cap of $3.04 million, a price-to-earnings ratio of 28.26 and a beta of 1.12.

Hedge Funds Weigh In On Themes Cybersecurity ETF

An institutional investor recently bought a new position in Themes Cybersecurity ETF stock. NewEdge Advisors LLC purchased a new position in Themes Cybersecurity ETF (NASDAQ:SPAM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,826 shares of the company’s stock, valued at approximately $270,000. NewEdge Advisors LLC owned 11.03% of Themes Cybersecurity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Themes Cybersecurity ETF

The Themes Cybersecurity ETF (SPAM) is an exchange-traded fund that is based on the Solactive Cyber Security index. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from digital security software. Stocks are weighted based on market capitalization. SPAM was launched on Dec 8, 2023 and is issued by Themes.