Motley Fool Next Index ETF (BATS:TMFX) Stock Short Interest Declines 52.8%

Motley Fool Next Index ETF (BATS:TMFX) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 7,381 shares, a drop of 52.8% from the September 15th total of 15,622 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 12,786 shares, the short-interest ratio is presently 0.6 days.

Motley Fool Next Index ETF Stock Performance

BATS TMFX opened at $23.92 on Thursday. The stock has a 50-day simple moving average of $24.15 and a two-hundred day simple moving average of $22.71. The firm has a market capitalization of $37.08 million, a P/E ratio of 27.70 and a beta of 1.21. Motley Fool Next Index ETF has a fifty-two week low of $19.32 and a fifty-two week high of $26.26.

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.