Motley Fool Next Index ETF (BATS:TMFX) Sees Significant Decrease in Short Interest

Motley Fool Next Index ETF (BATS:TMFX) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 403 shares, a drop of 36.9% from the June 15th total of 639 shares. Based on an average daily trading volume, of 3,850 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Motley Fool Next Index ETF Price Performance

TMFX opened at $23.08 on Friday. The stock has a market capitalization of $35.77 million, a price-to-earnings ratio of 27.70 and a beta of 1.21. The business has a 50-day moving average of $22.32 and a two-hundred day moving average of $21.62. Motley Fool Next Index ETF has a 12 month low of $19.32 and a 12 month 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.