Themes Global Systemically Important Banks ETF (NASDAQ:GSIB – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 3,898 shares, a drop of 36.6% from the September 30th total of 6,152 shares. Based on an average daily volume of 8,165 shares, the short-interest ratio is currently 0.5 days. Approximately 0.6% of the shares of the stock are short sold.
Hedge Funds Weigh In On Themes Global Systemically Important Banks ETF
A hedge fund recently raised its position in Themes Global Systemically Important Banks ETF stock. Compass Financial Management LLC grew its stake in shares of Themes Global Systemically Important Banks ETF (NASDAQ:GSIB – Free Report) by 61,053.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,950 shares of the company’s stock after buying an additional 7,937 shares during the period. Compass Financial Management LLC owned 1.22% of Themes Global Systemically Important Banks ETF worth $494,000 as of its most recent SEC filing.
Themes Global Systemically Important Banks ETF Price Performance
Themes Global Systemically Important Banks ETF stock traded up $0.34 during mid-day trading on Monday, hitting $60.18. 493 shares of the company were exchanged, compared to its average volume of 12,238. The company has a market capitalization of $39.12 million, a P/E ratio of 10.08 and a beta of 0.59. The business’s 50 day simple moving average is $62.72 and its two-hundred day simple moving average is $58.31. Themes Global Systemically Important Banks ETF has a 12-month low of $47.44 and a 12-month high of $67.77.
About Themes Global Systemically Important Banks ETF
The Themes Global Systemically Important Banks ETF (GSIB) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, concentrated portfolio of large-cap stocks selected solely based on the designation as a Global Systemically Important Bank. Stocks are equally weighted in the portfolio. GSIB was launched on Dec 13, 2023 and is issued by Themes.
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