Tema Memory ETF (NYSEARCA:DISK) Short Interest Down 37.5% in August

Tema Memory ETF (NYSEARCA:DISKGet Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 181,686 shares, a decline of 37.5% from the August 15th total of 290,619 shares. Approximately 8.8% of the company’s stock are short sold. Based on an average daily volume of 254,898 shares, the days-to-cover ratio is currently 0.7 days.

Tema Memory ETF Stock Up 2.6%

Shares of Tema Memory ETF stock traded up $0.92 during trading hours on Wednesday, reaching $36.47. The company’s stock had a trading volume of 22,483 shares, compared to its average volume of 335,867. The stock has a market cap of $109.36 million, a P/E ratio of -3,646.60 and a beta of 7.32. The business has a fifty day simple moving average of $36.15. Tema Memory ETF has a one year low of $28.35 and a one year high of $50.46.

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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