Motley Fool 100 Index ETF (BATS:TMFC) Short Interest Up 470.9% in July

Motley Fool 100 Index ETF (BATS:TMFC) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 82,187 shares, an increase of 470.9% from the June 30th total of 14,396 shares. Based on an average daily trading volume, of 78,528 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

Motley Fool 100 Index ETF Stock Up 0.1%

BATS:TMFC opened at $75.43 on Friday. The company has a market capitalization of $1.73 billion, a PE ratio of 30.01 and a beta of 1.14. Motley Fool 100 Index ETF has a 52-week low of $63.76 and a 52-week high of $78.96. The stock has a fifty day simple moving average of $76.68 and a 200-day simple moving average of $72.73.

Hedge Funds Weigh In On Motley Fool 100 Index ETF

Several hedge funds have recently added to or reduced their stakes in the business. Dala Group LLC acquired a new position in Motley Fool 100 Index ETF during the first quarter worth about $575,000. Main Street Group LTD acquired a new stake in shares of Motley Fool 100 Index ETF in the first quarter valued at approximately $44,000. NBT Bank N A NY grew its position in shares of Motley Fool 100 Index ETF by 594.4% in the first quarter. NBT Bank N A NY now owns 500 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Motley Fool 100 Index ETF by 0.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,105 shares of the company’s stock worth $1,260,000 after purchasing an additional 154 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Motley Fool 100 Index ETF by 26.8% during the 4th quarter. NewEdge Advisors LLC now owns 757 shares of the company’s stock worth $54,000 after purchasing an additional 160 shares in the last quarter.

About Motley Fool 100 Index ETF

The Motley Fool 100 Index ETF (TMFC) is an exchange-traded fund that is based on the Motley Fool 100 index. The fund tracks an index of 100 of the largest US companies identified by any of the Motley Fool publications, including the top companies in the Motley Fool IQ Database. TMFC was launched on Jan 29, 2018 and is managed by Motley Fool.