Short Interest in Tema Durable Quality ETF (BATS:TOLL) Expands By 989.5%

Tema Durable Quality ETF (BATS:TOLL) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 3,617 shares, a growth of 989.5% from the June 30th total of 332 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 15,271 shares, the short-interest ratio is presently 0.2 days.

Tema Durable Quality ETF Trading Down 1.0%

TOLL stock traded down $0.40 during trading on Friday, reaching $38.96. The stock had a trading volume of 5,642 shares, compared to its average volume of 16,702. Tema Durable Quality ETF has a 52 week low of $32.72 and a 52 week high of $41.94. The stock’s 50 day moving average is $39.81 and its two-hundred day moving average is $37.35. The firm has a market cap of $66.23 million, a PE ratio of 29.40 and a beta of 1.10.

Hedge Funds Weigh In On Tema Durable Quality ETF

Several institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC bought a new stake in Tema Durable Quality ETF during the fourth quarter valued at approximately $227,000. Jane Street Group LLC raised its position in Tema Durable Quality ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 12,265 shares of the company’s stock worth $394,000 after acquiring an additional 2,680 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Tema Durable Quality ETF during the 3rd quarter worth $691,000. NewEdge Advisors LLC bought a new stake in shares of Tema Durable Quality ETF during the 3rd quarter valued at $1,683,000. Finally, Channel Wealth LLC bought a new stake in shares of Tema Durable Quality ETF during the 4th quarter valued at $2,295,000.

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.