THOR Index Rotation ETF (NYSE:THIR) Shares Shorted: Short Interest Up 16,959.4% in September

THOR Index Rotation ETF (NYSE:THIR) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 28,148 shares, an increase of 16,959.4% from the August 31st total of 165 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 19,172 shares, the short-interest ratio is presently 1.5 days.

THOR Index Rotation ETF Trading Down 0.5%

Shares of THIR traded down $0.16 during trading hours on Thursday, reaching $33.71. The company had a trading volume of 27,582 shares, compared to its average volume of 55,335. The firm has a 50 day simple moving average of $34.04 and a 200-day simple moving average of $33.29. THOR Index Rotation ETF has a 12-month low of $30.15 and a 12-month high of $35.00. The company has a market capitalization of $197.56 million, a price-to-earnings ratio of 29.80 and a beta of 0.77.

Institutional Trading of THOR Index Rotation ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. purchased a new stake in THOR Index Rotation ETF in the 4th quarter worth approximately $109,000. Impact Partnership Wealth LLC purchased a new position in THOR Index Rotation ETF during the fourth quarter worth approximately $355,000. HB Wealth Management LLC acquired a new position in shares of THOR Index Rotation ETF in the 1st quarter valued at $586,000. Finally, CMC Financial Group increased its stake in THOR Index Rotation ETF by 8.3% during the first quarter. CMC Financial Group now owns 139,802 shares of the company’s stock worth $4,335,000 after acquiring an additional 10,772 shares during the last quarter.

THOR Index Rotation ETF Company Profile

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.