Motley Fool 100 Index ETF (BATS:TMFC) Short Interest Update

Motley Fool 100 Index ETF (BATS:TMFC) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 120,596 shares, a growth of 262.8% from the April 15th total of 33,240 shares. Based on an average trading volume of 78,189 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the shares of the stock are short sold.

Motley Fool 100 Index ETF Price Performance

BATS TMFC opened at $77.39 on Thursday. Motley Fool 100 Index ETF has a 12 month low of $59.50 and a 12 month high of $77.57. The firm has a market capitalization of $1.77 billion, a PE ratio of 30.01 and a beta of 1.14. The company’s 50 day simple moving average is $70.36 and its 200 day simple moving average is $70.90.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Marshall Wace LLP acquired a new position in Motley Fool 100 Index ETF in the second quarter worth approximately $559,000. NewEdge Advisors LLC grew its position in Motley Fool 100 Index ETF by 179.6% in the second quarter. NewEdge Advisors LLC now owns 604 shares of the company’s stock worth $39,000 after buying an additional 388 shares during the last quarter. Western Wealth Management LLC grew its position in Motley Fool 100 Index ETF by 123.2% in the third quarter. Western Wealth Management LLC now owns 41,611 shares of the company’s stock worth $2,935,000 after buying an additional 22,972 shares during the last quarter. JPMorgan Chase & Co. grew its position in Motley Fool 100 Index ETF by 1,210.0% in the third quarter. JPMorgan Chase & Co. now owns 3,275 shares of the company’s stock worth $231,000 after buying an additional 3,025 shares during the last quarter. Finally, Isthmus Partners LLC acquired a new position in Motley Fool 100 Index ETF in the third quarter worth approximately $265,000.

About Motley Fool 100 Index ETF

The Motley Fool 100 Index ETF (TMFC) is an exchange-traded fund that is based on the Motley Fool 100 index. The fund tracks an index of 100 of the largest US companies identified by any of the Motley Fool publications, including the top companies in the Motley Fool IQ Database. TMFC was launched on Jan 29, 2018 and is managed by Motley Fool.