Motley Fool Mid-Cap Growth ETF (BATS:TMFM) Sees Large Decline in Short Interest

Motley Fool Mid-Cap Growth ETF (BATS:TMFM) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 1,015 shares, a decline of 78.1% from the July 15th total of 4,629 shares. Based on an average daily trading volume, of 6,761 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Motley Fool Mid-Cap Growth ETF Stock Performance

Shares of TMFM opened at $23.52 on Friday. The firm’s 50-day simple moving average is $21.83 and its two-hundred day simple moving average is $21.49. Motley Fool Mid-Cap Growth ETF has a fifty-two week low of $19.66 and a fifty-two week high of $26.27. The stock has a market cap of $161.35 million, a PE ratio of 31.57 and a beta of 1.02.

Motley Fool Mid-Cap Growth ETF Company Profile

The Motley Fool Mid-Cap Growth ETF (TMFM) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively-managed portfolio of US mid-cap companies with quality growth characteristics, selected based on qualitative and quantitative factors. TMFM was launched on Jun 17, 2014 and is managed by Motley Fool.