Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) Short Interest Down 58.5% in May

Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 645 shares, a drop of 58.5% from the May 14th total of 1,555 shares. Based on an average trading volume of 11,644 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Motley Fool Capital Efficiency 100 Index ETF Stock Performance

Shares of BATS TMFE opened at $29.35 on Friday. Motley Fool Capital Efficiency 100 Index ETF has a fifty-two week low of $26.36 and a fifty-two week high of $30.20. The stock has a market cap of $107.13 million, a price-to-earnings ratio of 31.96 and a beta of 1.12. The firm’s 50-day simple moving average is $29.17 and its 200 day simple moving average is $28.93.

Hedge Funds Weigh In On Motley Fool Capital Efficiency 100 Index ETF

An institutional investor recently raised its position in Motley Fool Capital Efficiency 100 Index ETF stock. NewEdge Advisors LLC grew its position in shares of Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) by 82.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,654 shares of the company’s stock after buying an additional 1,200 shares during the quarter. NewEdge Advisors LLC owned 0.08% of Motley Fool Capital Efficiency 100 Index ETF worth $77,000 as of its most recent filing with the Securities & Exchange Commission.

Motley Fool Capital Efficiency 100 Index ETF Company Profile

The Motley Fool Capital Efficiency 100 Index ETF (TMFE) is an exchange-traded fund that is based on the Motley Fool Capital Efficiency 100 index. The fund seeks to track an index of 100 US stocks selected based on fundamental criteria of company growth, profitability, and stability. Weighting of holdings are determined by a combination of capital efficiency score and market-cap. TMFE was launched on Dec 29, 2021 and is issued by The Motley Fool.