Short Interest in Tema Durable Quality ETF (BATS:TOLL) Increases By 550.0%

Tema Durable Quality ETF (BATS:TOLL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,599 shares, an increase of 550.0% from the May 14th total of 246 shares. Based on an average daily volume of 4,017 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TOLL. Thrivent Financial for Lutherans acquired a new position in shares of Tema Durable Quality ETF during the fourth quarter worth $15,356,000. NewEdge Wealth LLC acquired a new position in shares of Tema Durable Quality ETF during the third quarter worth $7,928,000. Channel Wealth LLC acquired a new position in shares of Tema Durable Quality ETF during the fourth quarter worth $2,295,000. NewEdge Advisors LLC acquired a new position in shares of Tema Durable Quality ETF during the third quarter worth $1,683,000. Finally, Jane Street Group LLC acquired a new position in shares of Tema Durable Quality ETF during the fourth quarter worth $964,000.

Tema Durable Quality ETF Price Performance

Shares of TOLL opened at $39.85 on Friday. Tema Durable Quality ETF has a one year low of $32.72 and a one year high of $39.92. The company has a market cap of $67.75 million, a P/E ratio of 29.40 and a beta of 1.10. The firm has a 50 day simple moving average of $37.52 and a two-hundred day simple moving average of $36.24.

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.