Motley Fool Global Opportunities ETF (BATS:TMFG) Sees Large Decline in Short Interest

Motley Fool Global Opportunities ETF (BATS:TMFG) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 17,199 shares, a decrease of 55.5% from the June 15th total of 38,674 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 8,592 shares, the days-to-cover ratio is currently 2.0 days.

Motley Fool Global Opportunities ETF Trading Down 0.1%

Shares of TMFG opened at $31.22 on Tuesday. Motley Fool Global Opportunities ETF has a 1 year low of $27.40 and a 1 year high of $31.51. The stock has a market cap of $413.35 million, a P/E ratio of 30.68 and a beta of 1.06. The stock’s 50-day moving average price is $30.86 and its two-hundred day moving average price is $30.14.

Institutional Trading of Motley Fool Global Opportunities ETF

Hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC grew its holdings in Motley Fool Global Opportunities ETF by 4.1% during the fourth quarter. Farther Finance Advisors LLC now owns 26,113 shares of the company’s stock valued at $788,000 after purchasing an additional 1,025 shares during the period. Parallel Advisors LLC bought a new stake in Motley Fool Global Opportunities ETF in the first quarter valued at approximately $92,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in Motley Fool Global Opportunities ETF in the fourth quarter worth $145,000.

Motley Fool Global Opportunities ETF Company Profile

The Motley Fool Global Opportunities ETF (TMFG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of global companies of any size with quality growth characteristics, selected based on qualitative and quantitative factors. TMFG was launched on Jun 17, 2014 and is managed by Motley Fool.