Tema Durable Quality ETF (BATS:TOLL) Short Interest Update

Tema Durable Quality ETF (BATS:TOLL) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 224 shares, a decline of 99.7% from the August 15th total of 70,990 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,481 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Archford Capital Strategies LLC increased its holdings in shares of Tema Durable Quality ETF by 2.4% in the second quarter. Archford Capital Strategies LLC now owns 100,861 shares of the company’s stock worth $4,211,000 after buying an additional 2,325 shares during the period. Jane Street Group LLC boosted its holdings in Tema Durable Quality ETF by 28.0% during the 1st quarter. Jane Street Group LLC now owns 12,265 shares of the company’s stock valued at $394,000 after acquiring an additional 2,680 shares during the period. HighTower Advisors LLC purchased a new stake in Tema Durable Quality ETF during the 4th quarter valued at about $227,000. Susquehanna International Group LLP bought a new position in Tema Durable Quality ETF during the 3rd quarter worth approximately $691,000. Finally, NewEdge Advisors LLC bought a new position in Tema Durable Quality ETF during the 3rd quarter worth approximately $1,683,000.

Tema Durable Quality ETF Stock Down 1.1%

Shares of Tema Durable Quality ETF stock traded down $0.43 during trading on Thursday, reaching $39.99. The company’s stock had a trading volume of 22,439 shares, compared to its average volume of 14,968. Tema Durable Quality ETF has a 52-week low of $32.72 and a 52-week high of $41.94. The firm’s 50-day moving average is $39.70 and its two-hundred day moving average is $38.09. The company has a market cap of $67.98 million, a price-to-earnings ratio of 29.40 and a beta of 1.10.

About Tema Durable Quality ETF

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.