Short Interest in Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) Expands By 72.6%

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,915 shares, a growth of 72.6% from the June 30th total of 5,746 shares. Based on an average daily trading volume, of 11,047 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Toews Agility Shares Dynamic Tactical Income ETF stock. RPg Family Wealth Advisory LLC boosted its position in shares of Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,010 shares of the company’s stock after purchasing an additional 1,549 shares during the period. RPg Family Wealth Advisory LLC owned approximately 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 Stock Performance

NYSEARCA:THY opened at $21.61 on Friday. The firm’s fifty day simple moving average is $21.83 and its 200 day simple moving average is $22.01. Toews Agility Shares Dynamic Tactical Income ETF has a twelve month low of $19.94 and a twelve month high of $25.17. The firm has a market capitalization of $87.09 million, a price-to-earnings ratio of 10.76 and a beta of 0.18.

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.