Themes Cybersecurity ETF (NASDAQ:SPAM) Sees Significant Growth in Short Interest

Themes Cybersecurity ETF (NASDAQ:SPAM) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,295 shares, a growth of 227.8% from the September 15th total of 395 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 1,123 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Themes Cybersecurity ETF stock. Citadel Advisors LLC bought a new position in Themes Cybersecurity ETF (NASDAQ:SPAM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,951 shares of the company’s stock, valued at approximately $251,000. Citadel Advisors LLC owned approximately 4.96% of Themes Cybersecurity ETF at the end of the most recent reporting period.

Themes Cybersecurity ETF Stock Performance

SPAM traded up $1.86 during midday trading on Friday, reaching $49.93. 1,466 shares of the company were exchanged, compared to its average volume of 2,069. The company has a market cap of $7.49 million, a price-to-earnings ratio of 28.26 and a beta of 1.08. Themes Cybersecurity ETF has a one year low of $27.43 and a one year high of $49.93. The company’s fifty day moving average price is $45.41 and its 200 day moving average price is $39.59.

Themes Cybersecurity ETF Company Profile

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.