Motley Fool Next Index ETF (BATS:TMFX) Sees Large Decline in Short Interest

Motley Fool Next Index ETF (BATS:TMFX) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 403 shares, a decrease of 36.9% from the June 15th total of 639 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,850 shares, the days-to-cover ratio is currently 0.1 days.

Motley Fool Next Index ETF Trading Down 0.6%

Shares of TMFX opened at $23.08 on Friday. Motley Fool Next Index ETF has a 12 month low of $19.32 and a 12 month high of $24.64. The stock’s 50 day moving average is $22.32 and its two-hundred day moving average is $21.62. The firm has a market cap of $35.77 million, a P/E ratio of 27.70 and a beta of 1.21.

Motley Fool Next Index ETF Company Profile

The Motley Fool Next Index ETF (TMFX) is an exchange-traded fund that is based on the Motley Fool Next index, a market-cap-weighted index of mid- and small-cap US companies recommended by Motley Fools analysts and newsletters, excluding the 100 largest securities in the pool. TMFX was launched on Dec 29, 2021 and is issued by The Motley Fool.