Short Interest in Tema Durable Quality ETF (BATS:TOLL) Drops By 65.0%

Tema Durable Quality ETF (BATS:TOLL) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 332 shares, a decrease of 65.0% from the June 15th total of 949 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 48,022 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new position in shares of Tema Durable Quality ETF in the 4th quarter worth $15,356,000. Channel Wealth LLC purchased a new position in shares of Tema Durable Quality ETF in the fourth quarter worth about $2,295,000. NewEdge Advisors LLC purchased a new position in Tema Durable Quality ETF in the 3rd quarter worth approximately $1,683,000. Jane Street Group LLC bought a new stake in Tema Durable Quality ETF during the 4th quarter valued at $964,000. Finally, Susquehanna International Group LLP bought a new position in shares of Tema Durable Quality ETF during the third quarter valued at about $691,000.

Tema Durable Quality ETF Price Performance

Tema Durable Quality ETF stock opened at $40.57 on Monday. The firm has a 50 day moving average price of $39.51 and a 200-day moving average price of $37.07. Tema Durable Quality ETF has a twelve month low of $32.72 and a twelve month high of $41.94. The company has a market capitalization of $68.97 million, a P/E ratio of 29.40 and a beta of 1.10.

Tema Durable Quality ETF Company Profile

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.