Tema Durable Quality ETF (BATS:TOLL) Short Interest Down 65.0% in June

Tema Durable Quality ETF (BATS:TOLL) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 332 shares, a decline of 65.0% from the June 15th total of 949 shares. Based on an average daily volume of 48,022 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Tema Durable Quality ETF

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

Tema Durable Quality ETF Trading Up 0.7%

BATS:TOLL opened at $40.53 on Wednesday. Tema Durable Quality ETF has a 12-month low of $32.72 and a 12-month high of $41.94. The firm has a market cap of $68.90 million, a price-to-earnings ratio of 29.40 and a beta of 1.10. The company’s 50-day moving average is $39.64 and its two-hundred day moving average is $37.14.

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.