Short Interest in Main Thematic Innovation ETF (BATS:TMAT) Increases By 159.3%

Main Thematic Innovation ETF (BATS:TMAT) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 21,324 shares, an increase of 159.3% from the August 15th total of 8,225 shares. Based on an average daily volume of 16,136 shares, the short-interest ratio is currently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

Main Thematic Innovation ETF Price Performance

BATS TMAT opened at $27.71 on Tuesday. The company’s fifty day moving average is $28.76 and its two-hundred day moving average is $27.54. Main Thematic Innovation ETF has a 52-week low of $22.26 and a 52-week high of $31.46. The firm has a market capitalization of $204.50 million, a price-to-earnings ratio of 38.43 and a beta of 1.41.

About Main Thematic Innovation ETF

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.