Motley Fool Next Index ETF (BATS:TMFX) Short Interest Up 2,360.4% in July

Motley Fool Next Index ETF (BATS:TMFX) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 13,409 shares, a growth of 2,360.4% from the July 15th total of 545 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 5,125 shares, the days-to-cover ratio is currently 2.6 days.

Motley Fool Next Index ETF Trading Down 0.1%

Shares of TMFX stock traded down $0.03 during trading on Tuesday, reaching $24.25. 2,989 shares of the company’s stock traded hands, compared to its average volume of 4,772. The firm’s 50-day moving average is $22.83 and its 200 day moving average is $21.75. The company has a market capitalization of $37.59 million, a P/E ratio of 27.70 and a beta of 1.21. Motley Fool Next Index ETF has a 1 year low of $19.32 and a 1 year high of $24.64.

About Motley Fool Next Index ETF

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.