Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) Shares Shorted: Short Interest Up 129.9% in September

Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 59,691 shares, an increase of 129.9% from the August 31st total of 25,963 shares. Based on an average trading volume of 17,416 shares, the days-to-cover ratio is presently 3.4 days. Currently, 0.7% of the shares of the company are sold short.

Timothy Plan High Dividend Stock ETF Price Performance

Shares of Timothy Plan High Dividend Stock ETF stock traded down $0.26 on Tuesday, hitting $40.73. The company had a trading volume of 10,817 shares, compared to its average volume of 23,773. Timothy Plan High Dividend Stock ETF has a 52 week low of $37.54 and a 52 week high of $44.26. The company has a market cap of $346.20 million, a PE ratio of 18.95 and a beta of 0.73. The business has a 50-day simple moving average of $42.98 and a 200-day simple moving average of $42.22.

Institutional Investors Weigh In On Timothy Plan High Dividend Stock ETF

Several hedge funds have recently made changes to their positions in the company. Ascentis Independent Advisors increased its stake in Timothy Plan High Dividend Stock ETF by 3.9% in the 1st quarter. Ascentis Independent Advisors now owns 8,694 shares of the company’s stock worth $360,000 after buying an additional 324 shares in the last quarter. LifeWealth Investments LLC grew its holdings in Timothy Plan High Dividend Stock ETF by 7.5% during the 1st quarter. LifeWealth Investments LLC now owns 8,129 shares of the company’s stock valued at $336,000 after buying an additional 569 shares in the last quarter. Sound Financial Strategies Group LLC grew its holdings in Timothy Plan High Dividend Stock ETF by 1.8% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 35,697 shares of the company’s stock valued at $1,509,000 after buying an additional 628 shares in the last quarter. Kavar Capital Partners Group LLC raised its position in shares of Timothy Plan High Dividend Stock ETF by 12.5% during the first quarter. Kavar Capital Partners Group LLC now owns 5,841 shares of the company’s stock valued at $242,000 after buying an additional 650 shares during the last quarter. Finally, Park National Corp OH purchased a new position in shares of Timothy Plan High Dividend Stock ETF in the first quarter worth $28,000.

Timothy Plan High Dividend Stock ETF Company Profile

The Timothy Plan High Dividend Stock ETF (TPHD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of US high dividend large-caps screened for Christian values. TPHD was launched on Apr 29, 2019 and is managed by Timothy.