Short Interest in Timothy Plan International ETF (NYSEARCA:TPIF) Increases By 33.1%

Timothy Plan International ETF (NYSEARCA:TPIF) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 24,100 shares, an increase of 33.1% from the August 15th total of 18,100 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 16,500 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 16,500 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TPIF. XY Planning Network Inc. purchased a new position in shares of Timothy Plan International ETF during the 4th quarter worth about $2,769,000. Jane Street Group LLC lifted its holdings in shares of Timothy Plan International ETF by 369.4% during the 2nd quarter. Jane Street Group LLC now owns 90,134 shares of the company’s stock worth $2,911,000 after acquiring an additional 70,934 shares during the period. Moneywise Inc. lifted its holdings in shares of Timothy Plan International ETF by 208.0% during the 2nd quarter. Moneywise Inc. now owns 77,584 shares of the company’s stock worth $2,505,000 after acquiring an additional 52,397 shares during the period. Vident Advisory LLC purchased a new position in shares of Timothy Plan International ETF during the 4th quarter worth about $1,147,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Timothy Plan International ETF by 414.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 51,218 shares of the company’s stock worth $1,654,000 after acquiring an additional 41,263 shares during the period.

Timothy Plan International ETF Trading Down 0.3%

NYSEARCA:TPIF opened at $33.42 on Friday. The firm has a market cap of $153.73 million, a price-to-earnings ratio of 16.22 and a beta of 0.90. The company’s 50-day moving average is $32.80 and its two-hundred day moving average is $31.10. Timothy Plan International ETF has a 12-month low of $25.85 and a 12-month high of $36.02.

Timothy Plan International ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, September 8th were issued a dividend of $0.0818 per share. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, September 8th. This is an increase from Timothy Plan International ETF’s previous monthly dividend of $0.00.

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.