Main Thematic Innovation ETF (BATS:TMAT) Sees Large Decrease in Short Interest

Main Thematic Innovation ETF (BATS:TMAT) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 9,253 shares, a drop of 65.5% from the April 30th total of 26,853 shares. Based on an average daily volume of 20,149 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Main Thematic Innovation ETF Stock Performance

BATS:TMAT opened at $29.83 on Monday. The company has a 50-day moving average price of $26.07 and a 200-day moving average price of $25.40. Main Thematic Innovation ETF has a 12 month low of $20.39 and a 12 month high of $29.83. The stock has a market cap of $220.15 million, a price-to-earnings ratio of 38.43 and a beta of 1.41.

About Main Thematic Innovation ETF

The Main Thematic Innovation ETF (TMAT) is an exchange-traded fund that is based on the MSCI ACWI index. The fund is a fund-of-funds that rotates exposure to theme-based ETFs, selected by a committee. TMAT was launched on Jan 29, 2021 and is managed by Main Funds.