Short Interest in Tema Durable Quality ETF (BATS:TOLL) Increases By 7,287.1%

Tema Durable Quality ETF (BATS:TOLL) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 70,990 shares, a growth of 7,287.1% from the July 30th total of 961 shares. Currently, 4.2% of the shares of the company are short sold. Based on an average daily trading volume, of 4,891 shares, the days-to-cover ratio is presently 14.5 days.

Institutional Investors Weigh In On Tema Durable Quality ETF

A number of hedge funds have recently added to or reduced their stakes in TOLL. Thrivent Financial for Lutherans purchased a new stake in shares of Tema Durable Quality ETF in the fourth quarter valued at approximately $15,356,000. Channel Wealth LLC purchased a new position in Tema Durable Quality ETF in the fourth quarter worth $2,295,000. NewEdge Advisors LLC purchased a new position in Tema Durable Quality ETF in the third quarter worth $1,683,000. Jane Street Group LLC acquired a new stake in Tema Durable Quality ETF in the fourth quarter valued at $964,000. Finally, Susquehanna International Group LLP acquired a new stake in Tema Durable Quality ETF in the third quarter valued at $691,000.

Tema Durable Quality ETF Price Performance

Shares of TOLL stock traded up $0.24 during mid-day trading on Tuesday, hitting $39.66. The stock had a trading volume of 2,117 shares, compared to its average volume of 15,046. The firm has a market cap of $67.42 million, a PE ratio of 29.40 and a beta of 1.10. The company’s 50-day simple moving average is $40.04 and its 200-day simple moving average is $37.79. Tema Durable Quality ETF has a fifty-two week low of $32.72 and a fifty-two week high of $41.94.

Tema Durable Quality ETF Company Profile

The Tema Monopolies and Oligopolies ETF (TOLL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies perceived as monopolies or oligopolies. The fund aims to identify quality companies from around the world characterized by their strong competitive advantage and high barriers to entry. TOLL was launched on May 11, 2023 and is managed by Tema.