Tema Memory ETF (NYSEARCA:DISK) Short Interest Update

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

Tema Memory ETF Stock Performance

Shares of NYSEARCA:DISK traded up $1.26 during mid-day trading on Friday, hitting $38.64. 54,624 shares of the company traded hands, compared to its average volume of 327,664. The firm’s 50-day moving average price is $36.18. Tema Memory ETF has a 12-month low of $28.35 and a 12-month high of $50.46. The stock has a market cap of $115.89 million, a PE ratio of -3,864.00 and a beta of 7.32.

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.