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

Motley Fool Global Opportunities ETF (BATS:TMFG) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 13,174 shares, a growth of 1,317,300.0% from the April 30th total of 1 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 15,417 shares, the days-to-cover ratio is presently 0.9 days.

Motley Fool Global Opportunities ETF Price Performance

Shares of TMFG stock traded up $0.09 during trading hours on Wednesday, hitting $30.87. The stock had a trading volume of 13,476 shares, compared to its average volume of 14,562. The firm has a market capitalization of $408.72 million, a PE ratio of 30.68 and a beta of 1.06. Motley Fool Global Opportunities ETF has a twelve month low of $27.40 and a twelve month high of $31.27. The stock’s 50 day moving average is $29.76 and its 200 day moving average is $29.90.

Institutional Investors Weigh In On Motley Fool Global Opportunities ETF

Hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC acquired a new stake in shares of Motley Fool Global Opportunities ETF during the first quarter worth $92,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Motley Fool Global Opportunities ETF during the fourth quarter worth $145,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of 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 worth $788,000 after purchasing an additional 1,025 shares during the period.

About Motley Fool Global Opportunities ETF

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.