Motley Fool Global Opportunities ETF (BATS:TMFG) Short Interest Up 328.3% in June

Motley Fool Global Opportunities ETF (BATS:TMFG) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 38,674 shares, a growth of 328.3% from the May 31st total of 9,029 shares. Based on an average trading volume of 23,695 shares, the short-interest ratio is currently 1.6 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TMFG. Wilkerson Advisory Group LLC purchased a new stake in Motley Fool Global Opportunities ETF during the fourth quarter worth $145,000. Parallel Advisors LLC purchased a new position in shares of Motley Fool Global Opportunities ETF in the first quarter valued at $92,000. Finally, Farther Finance Advisors LLC increased its position in shares of Motley Fool Global Opportunities ETF by 4.1% in the fourth quarter. Farther Finance Advisors LLC now owns 26,113 shares of the company’s stock valued at $788,000 after buying an additional 1,025 shares in the last quarter.

Motley Fool Global Opportunities ETF Trading Up 0.5%

TMFG stock opened at $30.46 on Friday. The company has a market capitalization of $403.29 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 $31.51. The business has a 50 day simple moving average of $30.73 and a 200-day simple moving average of $30.07.

About Motley Fool Global Opportunities ETF

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.