Short Interest in Tema Memory ETF (NYSEARCA:DISK) Expands By 1,564.8%

Tema Memory ETF (NYSEARCA:DISK – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,237,921 shares, a growth of 1,564.8% from the July 15th total of 74,358 shares. Currently, 59.8% of the shares of the stock are short sold. Based on an average trading volume of 520,944 shares, the days-to-cover ratio is currently 2.4 days.

Tema Memory ETF Stock Up 2.1%

Shares of Tema Memory ETF stock traded up $0.71 on Tuesday, reaching $33.85. 105,216 shares of the company were exchanged, compared to its average volume of 430,552. Tema Memory ETF has a fifty-two week low of $28.35 and a fifty-two week high of $50.46. The firm has a market capitalization of $70.07 million and a PE ratio of -3,385.00.

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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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