Tema Electrification ETF (NASDAQ:VOLT) Sees Significant Growth in Short Interest

Tema Electrification ETF (NASDAQ:VOLT) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 13,100 shares, a growth of 147.2% from the September 15th total of 5,300 shares. Based on an average daily volume of 37,900 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 37,900 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Tema Electrification ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in shares of Tema Electrification ETF by 381.2% in the 2nd quarter. Osaic Holdings Inc. now owns 1,280 shares of the company’s stock worth $33,000 after acquiring an additional 1,014 shares during the period. Captrust Financial Advisors acquired a new stake in shares of Tema Electrification ETF in the 2nd quarter worth approximately $386,000. Envestnet Asset Management Inc. acquired a new stake in shares of Tema Electrification ETF in the 1st quarter worth approximately $762,000. Truist Financial Corp grew its holdings in shares of Tema Electrification ETF by 21.1% in the 2nd quarter. Truist Financial Corp now owns 33,990 shares of the company’s stock worth $865,000 after acquiring an additional 5,918 shares during the period. Finally, Jane Street Group LLC grew its holdings in shares of Tema Electrification ETF by 416.4% in the 1st quarter. Jane Street Group LLC now owns 86,551 shares of the company’s stock worth $1,845,000 after acquiring an additional 69,789 shares during the period. Institutional investors and hedge funds own 33.60% of the company’s stock.

Tema Electrification ETF Trading Down 0.8%

NASDAQ VOLT opened at $29.91 on Friday. The business’s 50 day moving average is $28.12 and its two-hundred day moving average is $25.43. Tema Electrification ETF has a 12-month low of $19.00 and a 12-month high of $30.57. The stock has a market capitalization of $151.94 million and a price-to-earnings ratio of 271.91.

Tema Electrification ETF Company Profile

The Tema Electrification ETF (VOLT) is an exchange-traded fund that mostly invests in utilities equity. The fund actively invests in a concentrated portfolio of companies worldwide that are positioned to benefit from the electrification megacycle. The fund seeks long-term growth of capital. VOLT was launched on Dec 3, 2024 and is issued by Tema.