Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) Sees Large Decrease in Short Interest

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,091 shares, a decline of 87.1% from the May 31st total of 23,940 shares. Based on an average daily trading volume, of 11,143 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Toews Agility Shares Dynamic Tactical Income ETF Price Performance

Shares of Toews Agility Shares Dynamic Tactical Income ETF stock remained flat at $21.84 during mid-day trading on Friday. The company’s stock had a trading volume of 12,517 shares, compared to its average volume of 20,655. The company has a fifty day moving average price of $21.96 and a 200-day moving average price of $22.09. Toews Agility Shares Dynamic Tactical Income ETF has a fifty-two week low of $19.94 and a fifty-two week high of $25.17. The stock has a market capitalization of $85.61 million, a PE ratio of 10.76 and a beta of 0.18.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Toews Agility Shares Dynamic Tactical Income ETF stock. RPg Family Wealth Advisory LLC boosted its position in Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 169,010 shares of the company’s stock after purchasing an additional 1,549 shares during the quarter. RPg Family Wealth Advisory LLC owned about 10.06% of Toews Agility Shares Dynamic Tactical Income ETF worth $3,756,000 at the end of the most recent reporting period.

Toews Agility Shares Dynamic Tactical Income ETF Company Profile

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.