Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) Shares Shorted: Short Interest Up 4,404.9% in September

by · The Markets Daily

Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME – Get Free Report) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 20,948 shares, a growth of 4,404.9% from the August 31st total of 465 shares. Based on an average daily volume of 40,381 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Thrivent Small-Mid Cap Equity ETF

Large investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new stake in shares of Thrivent Small-Mid Cap Equity ETF in the second quarter worth $28,000. RMG Wealth Management LLC bought a new position in shares of Thrivent Small-Mid Cap Equity ETF during the 1st quarter worth approximately $95,000. Safeguard Investment Advisory Group LLC bought a new position in shares of Thrivent Small-Mid Cap Equity ETF during the 2nd quarter worth approximately $203,000. Capital Analysts LLC increased its stake in shares of Thrivent Small-Mid Cap Equity ETF by 55.2% in the 2nd quarter. Capital Analysts LLC now owns 16,430 shares of the company’s stock valued at $861,000 after acquiring an additional 5,846 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in Thrivent Small-Mid Cap Equity ETF by 70.4% in the first quarter. Sunbelt Securities Inc. now owns 32,236 shares of the company’s stock valued at $1,340,000 after purchasing an additional 13,316 shares in the last quarter.

Thrivent Small-Mid Cap Equity ETF Stock Down 0.1%

Shares of TSME traded down $0.03 during trading hours on Thursday, hitting $46.01. 159,920 shares of the company were exchanged, compared to its average volume of 81,397. Thrivent Small-Mid Cap Equity ETF has a fifty-two week low of $38.38 and a fifty-two week high of $52.37. The company has a market cap of $864.99 million, a price-to-earnings ratio of 19.48 and a beta of 1.27. The firm’s fifty day moving average is $48.22 and its 200 day moving average is $47.05.

About Thrivent Small-Mid Cap Equity ETF

(Get Free Report)

The Thrivent Small-Mid Cap ESG ETF (TSME) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in stocks of global mid- and small-cap companies screened for long-term sustainable business models and ESG commitment. The fund utilizes the Natixis\u002FNYSE non-transparent model. TSME was launched on Oct 5, 2022 and is managed by Thrivent.

Recommended Stories