Tema Durable Quality ETF (BATS:TOLL) Short Interest Down 44.1% in May

Tema Durable Quality ETF (BATS:TOLL) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 246 shares, a drop of 44.1% from the April 30th total of 440 shares. Based on an average daily volume of 3,179 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Tema Durable Quality ETF Stock Down 0.4%

BATS:TOLL opened at $39.38 on Tuesday. Tema Durable Quality ETF has a 12-month low of $32.72 and a 12-month high of $39.61. The firm has a market capitalization of $66.95 million, a P/E ratio of 29.40 and a beta of 1.10. The stock’s fifty day simple moving average is $36.63 and its 200-day simple moving average is $35.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TOLL. Thrivent Financial for Lutherans bought a new position in shares of Tema Durable Quality ETF in the 4th quarter worth $15,356,000. NewEdge Wealth LLC bought a new position in shares of Tema Durable Quality ETF in the 3rd quarter worth $7,928,000. Channel Wealth LLC bought a new position in shares of Tema Durable Quality ETF in the 4th quarter worth $2,295,000. NewEdge Advisors LLC bought a new position in shares of Tema Durable Quality ETF in the 3rd quarter worth $1,683,000. Finally, Jane Street Group LLC bought a new position in shares of Tema Durable Quality ETF in the 4th quarter worth $964,000.

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.