Short Interest in Motley Fool Next Index ETF (BATS:TMFX) Increases By 2,360.4%

Motley Fool Next Index ETF (BATS:TMFX) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 13,409 shares, a growth of 2,360.4% from the July 15th total of 545 shares. Based on an average daily volume of 5,125 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.9% of the shares of the stock are sold short.

Motley Fool Next Index ETF Stock Down 0.1%

Shares of TMFX traded down $0.03 during trading hours on Tuesday, hitting $24.25. The company had a trading volume of 2,989 shares, compared to its average volume of 4,772. The firm has a market cap of $37.59 million, a P/E ratio of 27.70 and a beta of 1.21. Motley Fool Next Index ETF has a 52-week low of $19.32 and a 52-week high of $24.64. The stock’s 50 day moving average price is $22.83 and its 200 day moving average price is $21.75.

About Motley Fool Next Index ETF

The Motley Fool Next Index ETF (TMFX) is an exchange-traded fund that is based on the Motley Fool Next index, a market-cap-weighted index of mid- and small-cap US companies recommended by Motley Fools analysts and newsletters, excluding the 100 largest securities in the pool. TMFX was launched on Dec 29, 2021 and is issued by The Motley Fool.