Short Interest in THOR Index Rotation ETF (NYSE:THIR) Drops By 97.4%

THOR Index Rotation ETF (NYSE:THIR) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 165 shares, a decrease of 97.4% from the August 15th total of 6,452 shares. Based on an average trading volume of 22,748 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in THIR. CMC Financial Group boosted its stake in THOR Index Rotation ETF by 8.3% during the 1st quarter. CMC Financial Group now owns 139,802 shares of the company’s stock worth $4,335,000 after purchasing an additional 10,772 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of THOR Index Rotation ETF in the first quarter valued at about $586,000. Pacific Excel Wealth Advisors Inc. purchased a new position in shares of THOR Index Rotation ETF in the fourth quarter worth about $203,000. Zacks Investment Management purchased a new position in shares of THOR Index Rotation ETF in the fourth quarter worth about $271,000. Finally, Prostatis Group LLC boosted its position in THOR Index Rotation ETF by 6.1% during the fourth quarter. Prostatis Group LLC now owns 2,374,953 shares of the company’s stock worth $76,521,000 after acquiring an additional 135,874 shares during the last quarter.

THOR Index Rotation ETF Stock Down 0.7%

Shares of NYSE THIR traded down $0.24 during midday trading on Thursday, hitting $33.65. The stock had a trading volume of 18,231 shares, compared to its average volume of 56,494. The stock has a 50 day simple moving average of $34.13 and a 200-day simple moving average of $33.22. The company has a market capitalization of $199.89 million, a PE ratio of 29.80 and a beta of 0.77. THOR Index Rotation ETF has a 1 year low of $30.15 and a 1 year high of $35.00.

About THOR Index Rotation ETF

The THOR Index Rotation ETF (THIR) is an exchange-traded fund that is based on the THOR SDQ Rotation index. The fund is a fund-of-funds tracking an equal-weighted index of US large-cap stocks focusing on volatility management. Investment allocation is determined by market conditions, shifting between three major indices and cash to reduce risk. THIR was launched on Sep 24, 2024 and is issued by THOR.