Tema Durable Quality ETF (BATS:TOLL) Short Interest Update

Tema Durable Quality ETF (BATS:TOLL) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 246 shares, a decrease of 44.1% from the April 30th total of 440 shares. Based on an average daily trading volume, of 3,179 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Tema Durable Quality ETF Stock Performance

Shares of BATS TOLL traded down $0.03 during mid-day trading on Wednesday, reaching $39.63. The company’s stock had a trading volume of 1,814 shares, compared to its average volume of 15,336. The stock has a 50-day moving average of $36.63 and a two-hundred day moving average of $35.96. The stock has a market capitalization of $67.37 million, a P/E ratio of 29.40 and a beta of 1.10. Tema Durable Quality ETF has a 1-year low of $32.72 and a 1-year high of $39.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC increased its holdings in shares of 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 valued at $394,000 after purchasing an additional 2,680 shares during the last quarter. NewEdge Wealth LLC purchased a new stake in Tema Durable Quality ETF in the 3rd quarter valued at $7,928,000. Susquehanna International Group LLP purchased a new stake in Tema Durable Quality ETF in the 3rd quarter valued at $691,000. NewEdge Advisors LLC acquired a new stake in shares of Tema Durable Quality ETF in the 3rd quarter worth $1,683,000. Finally, Channel Wealth LLC acquired a new stake in shares of Tema Durable Quality ETF in the 4th quarter worth $2,295,000.

About Tema Durable Quality ETF

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.