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

Tema Durable Quality ETF (BATS:TOLL) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 961 shares, a decrease of 73.4% from the July 15th total of 3,617 shares. Based on an average daily volume of 5,094 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans acquired a new position in Tema Durable Quality ETF in the fourth quarter valued at about $15,356,000. Channel Wealth LLC acquired a new position in shares of Tema Durable Quality ETF in the 4th quarter valued at approximately $2,295,000. NewEdge Advisors LLC acquired a new position in shares of Tema Durable Quality ETF in the third quarter valued at approximately $1,683,000. Jane Street Group LLC bought a new position in Tema Durable Quality ETF during the 4th quarter worth about $964,000. Finally, Susquehanna International Group LLP bought a new position in Tema Durable Quality ETF during the 3rd quarter worth about $691,000.

Tema Durable Quality ETF Stock Down 0.6%

Shares of BATS TOLL opened at $40.33 on Friday. The company’s fifty day moving average is $40.04 and its 200-day moving average is $37.66. The stock has a market cap of $68.56 million, a price-to-earnings ratio of 29.40 and a beta of 1.10. Tema Durable Quality ETF has a twelve month low of $32.72 and a twelve month high of $41.94.

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.