Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) Sees Large Drop in Short Interest

Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 152 shares, a decrease of 76.4% from the May 31st total of 645 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 20,294 shares, the days-to-cover ratio is currently 0.0 days.

Motley Fool Capital Efficiency 100 Index ETF Trading Up 1.3%

Shares of BATS TMFE opened at $28.98 on Friday. Motley Fool Capital Efficiency 100 Index ETF has a one year low of $26.36 and a one year high of $30.20. The business has a 50-day moving average price of $29.43 and a two-hundred day moving average price of $28.93. The firm has a market capitalization of $105.78 million, a PE ratio of 31.96 and a beta of 1.12.

Institutional Trading of Motley Fool Capital Efficiency 100 Index ETF

An institutional investor recently bought a new stake in Motley Fool Capital Efficiency 100 Index ETF stock. NewEdge Advisors LLC purchased a new position in shares of Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,454 shares of the company’s stock, valued at approximately $42,000.

About Motley Fool Capital Efficiency 100 Index ETF

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.