Short Interest in Tema Durable Quality ETF (BATS:TOLL) Expands By 550.0%

Tema Durable Quality ETF (BATS:TOLL) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,599 shares, a growth of 550.0% from the May 14th total of 246 shares. Based on an average trading volume of 4,017 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Tema Durable Quality ETF Stock Performance

Shares of TOLL stock opened at $39.10 on Wednesday. Tema Durable Quality ETF has a 52-week low of $32.72 and a 52-week high of $39.90. The firm has a market capitalization of $66.47 million, a P/E ratio of 29.40 and a beta of 1.10. The stock has a 50 day moving average price of $37.29 and a 200 day moving average price of $36.17.

Institutional Investors Weigh In On Tema Durable Quality ETF

Institutional investors and hedge funds have recently modified their holdings of the business. HighTower Advisors LLC bought a new stake in shares of Tema Durable Quality ETF during the 4th quarter worth approximately $227,000. Jane Street Group LLC raised its position 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 purchasing an additional 2,680 shares in the last quarter. Susquehanna International Group LLP bought a new stake in Tema Durable Quality ETF during the 3rd quarter valued at $691,000. NewEdge Advisors LLC bought a new stake in Tema Durable Quality ETF during the 3rd quarter valued at $1,683,000. Finally, Channel Wealth LLC bought a new stake in Tema Durable Quality ETF during the 4th quarter valued at $2,295,000.

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.