Timothy Plan International ETF (NYSEARCA:TPIF) Sees Significant Growth in Short Interest

Timothy Plan International ETF (NYSEARCA:TPIF) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 42,533 shares, an increase of 120.7% from the June 30th total of 19,268 shares. Based on an average daily volume of 28,653 shares, the short-interest ratio is presently 1.5 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TPIF. Turning Point Benefit Group Inc. increased its position in shares of Timothy Plan International ETF by 53.7% during the 4th quarter. Turning Point Benefit Group Inc. now owns 80,416 shares of the company’s stock valued at $2,789,000 after purchasing an additional 28,101 shares during the last quarter. Ocean Park Asset Management LLC purchased a new position in shares of Timothy Plan International ETF in the 1st quarter worth about $2,545,000. Moneywise Inc. boosted its holdings in shares of Timothy Plan International ETF by 36.6% in the 4th quarter. Moneywise Inc. now owns 108,986 shares of the company’s stock worth $3,780,000 after buying an additional 29,203 shares during the last quarter. Strategic Equity Management grew its position in Timothy Plan International ETF by 44.5% during the fourth quarter. Strategic Equity Management now owns 221,185 shares of the company’s stock valued at $7,671,000 after buying an additional 68,105 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Timothy Plan International ETF by 22,703.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 38,537 shares of the company’s stock valued at $1,336,000 after buying an additional 38,368 shares during the period.

Timothy Plan International ETF Price Performance

Shares of TPIF stock traded down $0.03 on Tuesday, reaching $37.47. 11,479 shares of the company were exchanged, compared to its average volume of 37,211. Timothy Plan International ETF has a one year low of $31.64 and a one year high of $38.85. The company has a market cap of $251.05 million, a price-to-earnings ratio of 16.22 and a beta of 0.78. The company has a 50-day moving average of $37.44 and a 200-day moving average of $37.09.

About Timothy Plan International ETF

The Timothy Plan International ETF (TPIF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a volatility-weighted index of international stocks screened for defined Christian values. TPIF was launched on Dec 2, 2019 and is managed by Timothy.