Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) Short Interest Up 143.8% in July

Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 3,179 shares, a growth of 143.8% from the July 15th total of 1,304 shares. Based on an average daily volume of 9,139 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Motley Fool Capital Efficiency 100 Index ETF Trading Down 0.7%

BATS:TMFE opened at $31.13 on Friday. The firm has a market capitalization of $113.62 million, a price-to-earnings ratio of 31.96 and a beta of 1.12. The business’s 50-day moving average price is $29.87 and its two-hundred day moving average price is $29.16. Motley Fool Capital Efficiency 100 Index ETF has a 1-year low of $26.36 and a 1-year high of $31.36.

Institutional Investors Weigh In On Motley Fool Capital Efficiency 100 Index ETF

A hedge fund recently raised its position in Motley Fool Capital Efficiency 100 Index ETF stock. NewEdge Advisors LLC increased its holdings in shares of Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) by 82.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,654 shares of the company’s stock after purchasing an additional 1,200 shares during the quarter. NewEdge Advisors LLC owned 0.08% of Motley Fool Capital Efficiency 100 Index ETF worth $77,000 as of its most recent filing with the SEC.

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.