Short Interest in Tema Durable Quality ETF (BATS:TOLL) Declines By 73.4%

Tema Durable Quality ETF (BATS:TOLL) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 961 shares, a decrease of 73.4% from the July 15th total of 3,617 shares. Based on an average trading volume of 5,094 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Tema Durable Quality ETF

Several institutional investors and hedge funds have recently bought and sold shares of TOLL. Jane Street Group LLC increased its position in Tema Durable Quality ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 12,265 shares of the company’s stock worth $394,000 after buying an additional 2,680 shares during the last quarter. Susquehanna International Group LLP purchased a new position in shares of Tema Durable Quality ETF during the 3rd quarter valued at $691,000. NewEdge Advisors LLC bought a new position in shares of Tema Durable Quality ETF during the 3rd quarter worth $1,683,000. Channel Wealth LLC bought a new position in shares of Tema Durable Quality ETF during the 4th quarter worth $2,295,000. Finally, Thrivent Financial for Lutherans purchased a new stake in Tema Durable Quality ETF in the 4th quarter worth about $15,356,000.

Tema Durable Quality ETF Stock Up 0.3%

Shares of TOLL stock opened at $40.56 on Friday. The company has a 50 day moving average of $40.01 and a 200-day moving average of $37.64. 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 $68.95 million, a P/E ratio of 29.40 and a beta of 1.10.

About Tema Durable Quality ETF

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.