Short Interest in Main Thematic Innovation ETF (BATS:TMAT) Declines By 48.9%

Main Thematic Innovation ETF (BATS:TMAT) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 8,225 shares, a decline of 48.9% from the July 30th total of 16,085 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 29,121 shares, the days-to-cover ratio is currently 0.3 days.

Main Thematic Innovation ETF Stock Performance

Shares of BATS TMAT opened at $28.60 on Tuesday. The stock has a market cap of $211.07 million, a price-to-earnings ratio of 38.43 and a beta of 1.41. The business has a 50 day simple moving average of $29.18 and a 200 day simple moving average of $27.25. Main Thematic Innovation ETF has a 52 week low of $22.26 and a 52 week high of $31.46.

Main Thematic Innovation ETF Company Profile

The Main Thematic Innovation ETF (TMAT) is an exchange-traded fund that is based on the MSCI ACWI index. The fund is a fund-of-funds that rotates exposure to theme-based ETFs, selected by a committee. TMAT was launched on Jan 29, 2021 and is managed by Main Funds.