Tema Durable Quality ETF (BATS:TOLL) Sees Significant Drop in Short Interest

Tema Durable Quality ETF (BATS:TOLL) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,084 shares, a decline of 49.1% from the September 15th total of 4,092 shares. Based on an average trading volume of 11,816 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Tema Durable Quality ETF Trading Up 0.2%

Shares of TOLL stock opened at $40.29 on Friday. Tema Durable Quality ETF has a 1 year low of $32.72 and a 1 year high of $42.00. The firm’s 50 day moving average is $40.18 and its 200-day moving average is $39.13. The firm has a market capitalization of $68.49 million, a price-to-earnings ratio of 29.40 and a beta of 1.10.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Tema Durable Quality ETF stock. Archford Capital Strategies LLC increased its stake in Tema Durable Quality ETF (BATS:TOLL) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,861 shares of the company’s stock after purchasing an additional 2,325 shares during the period. Archford Capital Strategies LLC owned 5.93% of Tema Durable Quality ETF worth $4,211,000 as of its most recent SEC filing.

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.