Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) Sees Significant Increase in Short Interest

by · The Markets Daily

Themes Global Systemically Important Banks ETF (NASDAQ:GSIB – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 3,698 shares, an increase of 97.0% from the August 31st total of 1,877 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 7,940 shares, the days-to-cover ratio is currently 0.5 days.

Themes Global Systemically Important Banks ETF Price Performance

Shares of GSIB stock traded down $0.53 on Wednesday, hitting $62.25. 10,664 shares of the stock traded hands, compared to its average volume of 12,939. The company’s fifty day moving average is $64.48 and its 200 day moving average is $59.27. Themes Global Systemically Important Banks ETF has a 1-year low of $45.64 and a 1-year high of $67.77. The company has a market capitalization of $42.33 million, a PE ratio of 10.08 and a beta of 0.55.

Institutional Investors Weigh In On Themes Global Systemically Important Banks ETF

A hedge fund recently bought a new position in Themes Global Systemically Important Banks ETF stock. Worth Asset Management LLC bought a new position in Themes Global Systemically Important Banks ETF (NASDAQ:GSIB – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,775 shares of the company’s stock, valued at approximately $225,000. Worth Asset Management LLC owned about 0.82% of Themes Global Systemically Important Banks ETF as of its most recent SEC filing.

Themes Global Systemically Important Banks ETF Company Profile

(Get Free Report)

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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