Tema Neuroscience and Mental Health ETF (NASDAQ:MNTL) Sees Significant Drop in Short Interest

Tema Neuroscience and Mental Health ETF (NASDAQ:MNTL) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 50.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 0.2 days.

Tema Neuroscience and Mental Health ETF Stock Down 0.8 %

MNTL stock traded down $0.21 during trading on Monday, hitting $24.65. 185 shares of the company’s stock traded hands, compared to its average volume of 610. The firm has a market capitalization of $10.85 million, a P/E ratio of 22.77 and a beta of 0.99. The business has a fifty day simple moving average of $25.01 and a two-hundred day simple moving average of $25.93. Tema Neuroscience and Mental Health ETF has a 1 year low of $23.67 and a 1 year high of $27.66.

Tema Neuroscience and Mental Health ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, December 11th were issued a $0.257 dividend. The ex-dividend date of this dividend was Wednesday, December 11th.

Tema Neuroscience and Mental Health ETF Company Profile

The Tema Neuroscience and Mental Health ETF (MNTL) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed, concentrating on companies engaged in addressing disorders of the central nervous system and mental health worldwide. Using both top-down and bottom-up stock selection, the fund identifies innovative companies deemed attractive.