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

Motley Fool 100 Index ETF (BATS:TMFC) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 16,625 shares, a decrease of 74.5% from the May 31st total of 65,223 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 119,557 shares, the days-to-cover ratio is currently 0.1 days.

Motley Fool 100 Index ETF Stock Performance

Shares of TMFC opened at $73.98 on Friday. Motley Fool 100 Index ETF has a fifty-two week low of $63.67 and a fifty-two week high of $78.96. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 30.01 and a beta of 1.14. The firm has a 50 day moving average price of $75.94 and a 200-day moving average price of $72.04.

Institutional Investors Weigh In On Motley Fool 100 Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GM Advisory Group LLC purchased a new position in Motley Fool 100 Index ETF during the 4th quarter valued at about $9,221,000. Goodman Advisory Group LLC purchased a new stake in Motley Fool 100 Index ETF in the 3rd quarter worth approximately $8,889,000. Western Wealth Management LLC lifted its holdings in Motley Fool 100 Index ETF by 39.5% in the 4th quarter. Western Wealth Management LLC now owns 58,041 shares of the company’s stock worth $4,166,000 after buying an additional 16,430 shares during the period. Dala Group LLC bought a new stake in shares of Motley Fool 100 Index ETF in the 1st quarter worth approximately $575,000. Finally, Marshall Wace LLP bought a new stake in shares of Motley Fool 100 Index ETF in the 2nd quarter worth approximately $559,000.

Motley Fool 100 Index ETF Company Profile

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.