Short Interest in Tema Durable Quality ETF (BATS:TOLL) Drops By 35.1%

Tema Durable Quality ETF (BATS:TOLL) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 440 shares, a drop of 35.1% from the April 15th total of 678 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 4,716 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Tema Durable Quality ETF

A number of large investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in shares of Tema Durable Quality ETF during the fourth quarter valued at $964,000. HighTower Advisors LLC purchased a new stake in shares of Tema Durable Quality ETF during the fourth quarter valued at $227,000. Thrivent Financial for Lutherans purchased a new stake in shares of Tema Durable Quality ETF during the fourth quarter valued at $15,356,000. Channel Wealth LLC purchased a new stake in shares of Tema Durable Quality ETF during the fourth quarter valued at $2,295,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Tema Durable Quality ETF during the third quarter valued at $1,683,000.

Tema Durable Quality ETF Price Performance

Shares of TOLL stock opened at $37.95 on Monday. The firm has a market cap of $64.52 million, a price-to-earnings ratio of 29.40 and a beta of 1.10. The company’s 50 day moving average is $35.72 and its 200 day moving average is $35.64. Tema Durable Quality ETF has a 52-week low of $32.72 and a 52-week high of $38.79.

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.