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

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,091 shares, a drop of 87.1% from the May 31st total of 23,940 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 11,143 shares, the short-interest ratio is currently 0.3 days.

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

An institutional investor recently raised its position in Toews Agility Shares Dynamic Tactical Income ETF stock. RPg Family Wealth Advisory LLC increased its position in shares of Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 169,010 shares of the company’s stock after buying an additional 1,549 shares during the period. RPg Family Wealth Advisory LLC owned 10.06% of Toews Agility Shares Dynamic Tactical Income ETF worth $3,756,000 as of its most recent filing with the SEC.

Toews Agility Shares Dynamic Tactical Income ETF Stock Performance

THY stock remained flat at $21.84 during trading on Friday. The company had a trading volume of 12,517 shares, compared to its average volume of 20,655. Toews Agility Shares Dynamic Tactical Income ETF has a 52 week low of $19.94 and a 52 week high of $25.17. The firm has a market capitalization of $85.61 million, a P/E ratio of 10.76 and a beta of 0.18. The stock’s 50-day moving average is $21.96 and its 200-day moving average is $22.09.

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.