Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) Sees Large Growth in Short Interest

Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 9,249 shares, a growth of 95.5% from the August 15th total of 4,732 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 14,326 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Toews Agility Shares Managed Risk ETF

An institutional investor recently bought a new stake in Toews Agility Shares Managed Risk ETF stock. Sound Income Strategies LLC purchased a new stake in Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 844 shares of the company’s stock, valued at approximately $30,000.

Toews Agility Shares Managed Risk ETF Price Performance

Toews Agility Shares Managed Risk ETF stock traded down $0.14 during mid-day trading on Tuesday, hitting $39.05. 230 shares of the company’s stock traded hands, compared to its average volume of 34,459. The firm has a 50 day simple moving average of $39.26 and a two-hundred day simple moving average of $37.95. Toews Agility Shares Managed Risk ETF has a fifty-two week low of $34.50 and a fifty-two week high of $41.71. The stock has a market cap of $316.35 million, a price-to-earnings ratio of 24.48 and a beta of 0.61.

About Toews Agility Shares Managed Risk ETF

The Toews Agility Shares Managed Risk ETF (MRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund shifts allocations between fixed income and equity securities, managing risks through option overlay strategies. MRSK was launched on Jun 25, 2020 and is managed by Agility Shares.