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

Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 651 shares, a decline of 55.1% from the October 15th total of 1,449 shares. Based on an average trading volume of 7,546 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Motley Fool Capital Efficiency 100 Index ETF

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

Motley Fool Capital Efficiency 100 Index ETF Stock Up 0.2%

Shares of BATS:TMFE traded up $0.07 during trading on Friday, hitting $30.35. 1,541 shares of the company traded hands, compared to its average volume of 13,992. The stock has a market capitalization of $74.36 million, a price-to-earnings ratio of 27.50 and a beta of 1.05. The business’s fifty day moving average is $30.64 and its 200-day moving average is $29.65. Motley Fool Capital Efficiency 100 Index ETF has a one year low of $26.36 and a one year high of $31.46.

About Motley Fool Capital Efficiency 100 Index ETF

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.