Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) Sees Significant Drop in Short Interest

Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 12,348 shares, a drop of 47.6% from the May 31st total of 23,567 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 16,857 shares, the days-to-cover ratio is currently 0.7 days.

Timothy Plan High Dividend Stock ETF Trading Down 0.4%

TPHD stock opened at $42.42 on Tuesday. The firm has a market cap of $358.45 million, a P/E ratio of 18.95 and a beta of 0.74. Timothy Plan High Dividend Stock ETF has a 12-month low of $37.54 and a 12-month high of $43.28. The stock’s 50 day simple moving average is $41.74 and its 200 day simple moving average is $41.14.

Institutional Trading of Timothy Plan High Dividend Stock ETF

Institutional investors have recently added to or reduced their stakes in the business. WorthPointe LLC acquired a new position in Timothy Plan High Dividend Stock ETF during the 4th quarter valued at approximately $2,678,000. Summit Wealth Group LLC Co. bought a new position in Timothy Plan High Dividend Stock ETF during the 4th quarter worth $491,000. Ocean Park Asset Management LLC acquired a new stake in Timothy Plan High Dividend Stock ETF in the first quarter worth $1,729,000. PNC Financial Services Group Inc. increased its position in Timothy Plan High Dividend Stock ETF by 78.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 29,035 shares of the company’s stock worth $1,119,000 after buying an additional 12,748 shares during the period. Finally, Focus Partners Advisor Solutions LLC acquired a new stake in Timothy Plan High Dividend Stock ETF in the third quarter worth $1,715,000.

About Timothy Plan High Dividend Stock ETF

The Timothy Plan High Dividend Stock ETF (TPHD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of US high dividend large-caps screened for Christian values. TPHD was launched on Apr 29, 2019 and is managed by Timothy.