Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) Sees Large Growth in Short Interest

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 6,182 shares, a growth of 139.1% from the April 30th total of 2,586 shares. Based on an average daily volume of 8,752 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Toews Agility Shares Dynamic Tactical Income ETF

A hedge fund recently raised its stake in Toews Agility Shares Dynamic Tactical Income ETF stock. RPg Family Wealth Advisory LLC lifted its position in Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,010 shares of the company’s stock after acquiring an additional 1,549 shares during the quarter. RPg Family Wealth Advisory LLC owned approximately 10.06% of Toews Agility Shares Dynamic Tactical Income ETF worth $3,756,000 at the end of the most recent reporting period.

Toews Agility Shares Dynamic Tactical Income ETF Price Performance

THY stock remained flat at $21.92 during midday trading on Tuesday. 31,520 shares of the company’s stock were exchanged, compared to its average volume of 21,190. Toews Agility Shares Dynamic Tactical Income ETF has a 1 year low of $19.94 and a 1 year high of $25.17. The stock’s 50 day simple moving average is $22.00 and its 200-day simple moving average is $22.13. The firm has a market capitalization of $85.93 million, a price-to-earnings ratio of 10.76 and a beta of 0.18.

Toews Agility Shares Dynamic Tactical Income ETF Company Profile

The Toews Agility Shares Dynamic Tactical Income ETF (THY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks current income, while limiting risk, by investing in global high-yield bonds and equities based on technical factors. THY was launched on Jun 25, 2020 and is managed by Agility Shares.