Motley Fool Global Opportunities ETF (BATS:TMFG) Sees Significant Decline in Short Interest

Motley Fool Global Opportunities ETF (BATS:TMFG) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 277 shares, a drop of 97.6% from the July 30th total of 11,660 shares. Based on an average daily volume of 9,234 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Motley Fool Global Opportunities ETF stock. Parallel Advisors LLC purchased a new position in shares of Motley Fool Global Opportunities ETF (BATS:TMFG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,273 shares of the company’s stock, valued at approximately $92,000.

Motley Fool Global Opportunities ETF Price Performance

Shares of BATS TMFG traded down $0.04 during midday trading on Tuesday, hitting $31.79. 17,835 shares of the company’s stock were exchanged, compared to its average volume of 13,630. The stock’s 50 day moving average price is $31.22 and its 200-day moving average price is $30.34. The firm has a market cap of $420.90 million, a P/E ratio of 30.68 and a beta of 1.06. Motley Fool Global Opportunities ETF has a twelve month low of $27.40 and a twelve month high of $32.34.

Motley Fool Global Opportunities ETF Company Profile

The Motley Fool Global Opportunities ETF (TMFG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of global companies of any size with quality growth characteristics, selected based on qualitative and quantitative factors. TMFG was launched on Jun 17, 2014 and is managed by Motley Fool.