Themes Transatlantic Defense ETF (NASDAQ:NATO) Short Interest Update

Themes Transatlantic Defense ETF (NASDAQ:NATO) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 22,863 shares, a decline of 56.8% from the August 31st total of 52,932 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 31,925 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Themes Transatlantic Defense ETF by 109.6% in the first quarter. Royal Bank of Canada now owns 5,140 shares of the company’s stock valued at $198,000 after acquiring an additional 2,688 shares during the period. Nautilus Advisors LLC boosted its stake in shares of Themes Transatlantic Defense ETF by 23.4% during the 1st quarter. Nautilus Advisors LLC now owns 10,530 shares of the company’s stock worth $406,000 after purchasing an additional 2,000 shares during the period. Envestnet Asset Management Inc. purchased a new position in shares of Themes Transatlantic Defense ETF during the 2nd quarter worth about $492,000. SHP Wealth Management purchased a new position in shares of Themes Transatlantic Defense ETF during the 4th quarter worth about $766,000. Finally, Cetera Investment Advisers bought a new position in Themes Transatlantic Defense ETF during the 1st quarter valued at about $2,169,000.

Themes Transatlantic Defense ETF Trading Down 1.8%

NASDAQ:NATO traded down $0.67 during midday trading on Monday, hitting $37.16. 6,338 shares of the company traded hands, compared to its average volume of 32,165. The firm’s fifty day moving average is $40.52 and its 200-day moving average is $40.11. Themes Transatlantic Defense ETF has a 12-month low of $35.00 and a 12-month high of $44.39. The firm has a market capitalization of $92.90 million, a P/E ratio of 33.05 and a beta of 0.66.

About Themes Transatlantic Defense ETF

The Themes Transatlantic Defense ETF (NATO) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an all-cap index of companies that have business operations in the aerospace and defense industry and are headquartered in North Atlantic Treaty Organization member countries. Companies are selected based on tie to the industry and weighted by market-cap. NATO was launched on Oct 11, 2024 and is issued by Themes.