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

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 6,911 shares, a decrease of 42.2% from the September 30th total of 11,947 shares. Based on an average daily volume of 18,839 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Toews Agility Shares Dynamic Tactical Income ETF Stock Performance

NYSEARCA:THY remained flat at $21.35 on Friday. 65,121 shares of the company’s stock were exchanged, compared to its average volume of 16,684. Toews Agility Shares Dynamic Tactical Income ETF has a one year low of $19.22 and a one year high of $22.50. The company has a market cap of $89.67 million, a PE ratio of 10.76 and a beta of 0.18. The stock’s 50-day moving average price is $21.45 and its 200-day moving average price is $21.84.

Toews Agility Shares Dynamic Tactical Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Thursday, October 15th were given a $0.0367 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, October 15th. This is a decrease from Toews Agility Shares Dynamic Tactical Income ETF’s previous monthly dividend of $0.1147.

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.