Main Thematic Innovation ETF (BATS:TMAT) Sees Significant Drop in Short Interest

Main Thematic Innovation ETF (BATS:TMAT) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 9,253 shares, a drop of 65.5% from the April 30th total of 26,853 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 20,149 shares, the short-interest ratio is presently 0.5 days.

Main Thematic Innovation ETF Stock Up 1.0%

BATS:TMAT opened at $29.83 on Friday. The business’s 50-day moving average price is $26.07 and its 200 day moving average price is $25.41. The firm has a market cap of $220.15 million, a P/E ratio of 38.43 and a beta of 1.41. Main Thematic Innovation ETF has a 52-week low of $20.39 and a 52-week high of $29.83.

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.