Tema Memory ETF (NYSEARCA:DISK) Sees Significant Increase in Short Interest

Tema Memory ETF (NYSEARCA:DISK) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 74,358 shares, an increase of ∞ from the June 30th total of 0 shares. Approximately 3.3% of the company’s shares are short sold. Based on an average daily volume of 476,216 shares, the days-to-cover ratio is presently 0.2 days.

Tema Memory ETF Stock Up 18.1%

Shares of DISK stock traded up $5.17 on Thursday, hitting $33.72. The stock had a trading volume of 1,028,103 shares, compared to its average volume of 502,594. Tema Memory ETF has a twelve month low of $28.35 and a twelve month high of $50.46. The firm has a market capitalization of $84.30 million and a price-to-earnings ratio of -3,372.00.

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.