Motley Fool 100 Index ETF (BATS:TMFC) Sees Significant Increase in Short Interest

Motley Fool 100 Index ETF (BATS:TMFC) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 82,187 shares, a growth of 470.9% from the June 30th total of 14,396 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 78,528 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Motley Fool 100 Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TMFC. Janney Montgomery Scott LLC raised its stake in Motley Fool 100 Index ETF by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 19,105 shares of the company’s stock valued at $1,260,000 after purchasing an additional 154 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Motley Fool 100 Index ETF by 26.8% in the 4th quarter. NewEdge Advisors LLC now owns 757 shares of the company’s stock valued at $54,000 after purchasing an additional 160 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Motley Fool 100 Index ETF by 3.9% during the 4th quarter. Captrust Financial Advisors now owns 5,842 shares of the company’s stock worth $419,000 after purchasing an additional 219 shares during the last quarter. NBT Bank N A NY boosted its stake in shares of Motley Fool 100 Index ETF by 594.4% during the 1st quarter. NBT Bank N A NY now owns 500 shares of the company’s stock worth $33,000 after purchasing an additional 428 shares during the last quarter. Finally, Main Street Group LTD acquired a new stake in shares of Motley Fool 100 Index ETF during the 1st quarter worth about $44,000.

Motley Fool 100 Index ETF Stock Up 0.1%

BATS TMFC opened at $75.43 on Friday. Motley Fool 100 Index ETF has a fifty-two week low of $63.76 and a fifty-two week high of $78.96. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 30.01 and a beta of 1.14. The business has a fifty day moving average of $76.68 and a 200-day moving average of $72.73.

Motley Fool 100 Index ETF Company Profile

The Motley Fool 100 Index ETF (TMFC) is an exchange-traded fund that is based on the Motley Fool 100 index. The fund tracks an index of 100 of the largest US companies identified by any of the Motley Fool publications, including the top companies in the Motley Fool IQ Database. TMFC was launched on Jan 29, 2018 and is managed by Motley Fool.