Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) Sees Large Drop in Short Interest

Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,449 shares, a drop of 42.6% from the September 30th total of 2,524 shares. Based on an average daily volume of 14,880 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Motley Fool Capital Efficiency 100 Index ETF

A hedge fund recently bought a new position in Motley Fool Capital Efficiency 100 Index ETF stock. Steel Grove Capital Advisors LLC bought a new position in Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,245 shares of the company’s stock, valued at approximately $586,000. Steel Grove Capital Advisors LLC owned about 0.53% of Motley Fool Capital Efficiency 100 Index ETF at the end of the most recent quarter.

Motley Fool Capital Efficiency 100 Index ETF Stock Performance

Shares of TMFE stock opened at $30.26 on Monday. The business’s 50 day moving average price is $30.77 and its 200-day moving average price is $29.60. The firm has a market cap of $110.45 million, a P/E ratio of 31.96 and a beta of 1.12. Motley Fool Capital Efficiency 100 Index ETF has a fifty-two week low of $26.36 and a fifty-two week high of $31.46.

Motley Fool Capital Efficiency 100 Index ETF Company Profile

The Motley Fool Capital Efficiency 100 Index ETF (TMFE) is an exchange-traded fund that is based on the Motley Fool Capital Efficiency 100 index. The fund seeks to track an index of 100 US stocks selected based on fundamental criteria of company growth, profitability, and stability. Weighting of holdings are determined by a combination of capital efficiency score and market-cap. TMFE was launched on Dec 29, 2021 and is issued by The Motley Fool.