THOR Equal Weight Low Volatility ETF (NYSE:THLV – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 34,192 shares, a growth of 57.1% from the September 15th total of 21,770 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average trading volume of 5,969 shares, the days-to-cover ratio is presently 5.7 days.
Institutional Investors Weigh In On THOR Equal Weight Low Volatility ETF
An institutional investor recently raised its position in THOR Equal Weight Low Volatility ETF stock. Compound Planning Inc. grew its stake in shares of THOR Equal Weight Low Volatility ETF (NYSE:THLV – Free Report) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 533,528 shares of the company’s stock after purchasing an additional 30,338 shares during the quarter. Compound Planning Inc. owned approximately 34.87% of THOR Equal Weight Low Volatility ETF worth $15,937,000 at the end of the most recent quarter.
THOR Equal Weight Low Volatility ETF Trading Down 0.5%
NYSE THLV traded down $0.16 during trading hours on Friday, hitting $31.31. 1,279 shares of the company’s stock were exchanged, compared to its average volume of 10,632. The stock has a 50-day simple moving average of $32.04 and a 200 day simple moving average of $32.39. THOR Equal Weight Low Volatility ETF has a 1-year low of $29.39 and a 1-year high of $33.48. The firm has a market cap of $55.42 million, a price-to-earnings ratio of 21.51 and a beta of 0.64.
About THOR Equal Weight Low Volatility ETF
The Thor Low Volatility ETF (THLV) is an exchange-traded fund that is based on the Thor Low Volatility index. The fund aims to provide a low volatility US large-cap equity strategy. The fund tracks an index that selects sectors based on price momentum and historical volatility and equally weights exposure. THLV was launched on Sep 12, 2022 and is managed by THOR.
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