Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) Stock Short Interest Falls 42.2%

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 6,911 shares, a decrease of 42.2% from the September 30th total of 11,947 shares. Based on an average daily volume of 18,839 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Toews Agility Shares Dynamic Tactical Income ETF Stock Down 0.0%

NYSEARCA THY traded down $0.01 during trading hours on Monday, hitting $21.34. 18,688 shares of the company were exchanged, compared to its average volume of 16,693. The company has a 50 day moving average of $21.45 and a two-hundred day moving average of $21.84. Toews Agility Shares Dynamic Tactical Income ETF has a 52-week low of $19.22 and a 52-week high of $22.50. The firm has a market cap of $89.63 million, a price-to-earnings ratio of 10.76 and a beta of 0.18.

Toews Agility Shares Dynamic Tactical Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Thursday, October 15th were issued a $0.0367 dividend. This is a drop from Toews Agility Shares Dynamic Tactical Income ETF’s previous monthly dividend of $0.1147. This represents a $0.44 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, October 15th.

About Toews Agility Shares Dynamic Tactical Income ETF

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.