Motley Fool 100 Index ETF (BATS:TMFC) Sees Large Decrease in Short Interest

Motley Fool 100 Index ETF (BATS:TMFC) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 50,416 shares, a decrease of 38.7% from the July 15th total of 82,187 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 77,758 shares, the short-interest ratio is presently 0.6 days.

Motley Fool 100 Index ETF Price Performance

Motley Fool 100 Index ETF stock opened at $79.05 on Thursday. Motley Fool 100 Index ETF has a 1-year low of $63.76 and a 1-year high of $80.77. The firm has a market capitalization of $1.81 billion, a P/E ratio of 30.01 and a beta of 1.14. The company’s 50-day moving average is $77.22 and its 200 day moving average is $73.63.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Western Wealth Management LLC lifted its holdings in Motley Fool 100 Index ETF by 39.5% during the 4th quarter. Western Wealth Management LLC now owns 58,041 shares of the company’s stock valued at $4,166,000 after buying an additional 16,430 shares in the last quarter. Dala Group LLC bought a new position in Motley Fool 100 Index ETF in the 1st quarter worth about $575,000. Strategic Advocates LLC grew its stake in Motley Fool 100 Index ETF by 48.3% in the 4th quarter. Strategic Advocates LLC now owns 21,192 shares of the company’s stock worth $1,532,000 after acquiring an additional 6,905 shares in the last quarter. X Square Capital LLC purchased a new position in shares of Motley Fool 100 Index ETF during the fourth quarter worth approximately $212,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of Motley Fool 100 Index ETF during the fourth quarter worth approximately $57,000.

About Motley Fool 100 Index ETF

The Motley Fool 100 Index ETF (TMFC) is an exchange-traded fund that is based on the Motley Fool 100 index. The fund tracks an index of 100 of the largest US companies identified by any of the Motley Fool publications, including the top companies in the Motley Fool IQ Database. TMFC was launched on Jan 29, 2018 and is managed by Motley Fool.