Tema Durable Quality ETF (BATS:TOLL) Short Interest Up 7,287.1% in August

Tema Durable Quality ETF (BATS:TOLL) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 70,990 shares, an increase of 7,287.1% from the July 30th total of 961 shares. Currently, 4.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,891 shares, the short-interest ratio is currently 14.5 days.

Hedge Funds Weigh In On Tema Durable Quality ETF

Several hedge funds have recently bought and sold shares of TOLL. HighTower Advisors LLC purchased a new stake in Tema Durable Quality ETF during the fourth quarter worth $227,000. Jane Street Group LLC increased its position in shares of Tema Durable Quality ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 12,265 shares of the company’s stock valued at $394,000 after buying an additional 2,680 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Tema Durable Quality ETF during the 3rd quarter worth $691,000. NewEdge Advisors LLC acquired a new position in shares of Tema Durable Quality ETF during the 3rd quarter worth $1,683,000. Finally, Channel Wealth LLC purchased a new stake in shares of Tema Durable Quality ETF in the 4th quarter worth about $2,295,000.

Tema Durable Quality ETF Price Performance

Tema Durable Quality ETF stock traded up $0.24 during mid-day trading on Tuesday, reaching $39.66. The company had a trading volume of 2,117 shares, compared to its average volume of 15,046. The stock’s 50-day simple moving average is $40.04 and its 200-day simple moving average is $37.79. Tema Durable Quality ETF has a 1 year low of $32.72 and a 1 year high of $41.94. The company has a market capitalization of $67.42 million, a P/E ratio of 29.40 and a beta of 1.10.

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.