Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) Short Interest Update

Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 59,691 shares, an increase of 129.9% from the August 31st total of 25,963 shares. Based on an average daily volume of 17,416 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. RFG Advisory LLC raised its stake in Timothy Plan High Dividend Stock ETF by 17.1% during the second quarter. RFG Advisory LLC now owns 19,706 shares of the company’s stock worth $833,000 after purchasing an additional 2,878 shares during the period. IFP Advisors Inc grew its stake in shares of Timothy Plan High Dividend Stock ETF by 6.2% in the 2nd quarter. IFP Advisors Inc now owns 24,093 shares of the company’s stock valued at $1,019,000 after buying an additional 1,400 shares during the period. Carlson Financial Inc. increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 1.1% during the 2nd quarter. Carlson Financial Inc. now owns 60,871 shares of the company’s stock worth $2,574,000 after buying an additional 679 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Timothy Plan High Dividend Stock ETF during the 2nd quarter worth approximately $212,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of Timothy Plan High Dividend Stock ETF during the 2nd quarter valued at approximately $82,000.

Timothy Plan High Dividend Stock ETF Price Performance

Timothy Plan High Dividend Stock ETF stock traded up $0.07 during trading on Friday, reaching $41.13. 13,259 shares of the company were exchanged, compared to its average volume of 23,923. The stock’s 50 day simple moving average is $43.02 and its two-hundred day simple moving average is $42.22. The company has a market capitalization of $349.61 million, a P/E ratio of 18.95 and a beta of 0.73. Timothy Plan High Dividend Stock ETF has a 52-week low of $37.54 and a 52-week high of $44.26.

Timothy Plan High Dividend Stock ETF Company Profile

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.