Tema Durable Quality ETF (BATS:TOLL) Shares Shorted: Short Interest Down 49.1% in September

Tema Durable Quality ETF (BATS:TOLL) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,084 shares, a drop of 49.1% from the September 15th total of 4,092 shares. Based on an average daily volume of 11,816 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Tema Durable Quality ETF Price Performance

Shares of TOLL stock opened at $40.22 on Thursday. The stock’s 50-day moving average is $40.17 and its 200 day moving average is $39.08. Tema Durable Quality ETF has a 1-year low of $32.72 and a 1-year high of $42.00. The company has a market cap of $68.37 million, a P/E ratio of 29.40 and a beta of 1.10.

Institutional Trading of Tema Durable Quality ETF

A hedge fund recently raised its position in Tema Durable Quality ETF stock. Archford Capital Strategies LLC grew its position in Tema Durable Quality ETF (BATS:TOLL) by 2.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 100,861 shares of the company’s stock after buying an additional 2,325 shares during the period. Archford Capital Strategies LLC owned 5.93% of Tema Durable Quality ETF worth $4,211,000 at the end of the most recent quarter.

Tema Durable Quality ETF Company Profile

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.