Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) Shares Shorted: Short Interest Down 73.0% in October

Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 10,356 shares, a decline of 73.0% from the October 15th total of 38,408 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 25,300 shares, the short-interest ratio is presently 0.4 days.

Timothy Plan High Dividend Stock ETF Trading Up 0.7%

Shares of NYSEARCA TPHD traded up $0.32 during midday trading on Friday, reaching $44.58. The company had a trading volume of 180,858 shares, compared to its average volume of 25,741. Timothy Plan High Dividend Stock ETF has a 1 year low of $37.54 and a 1 year high of $45.32. The business’s 50-day simple moving average is $42.70 and its 200 day simple moving average is $42.34. The stock has a market cap of $403.45 million, a P/E ratio of 16.89 and a beta of 0.71.

Hedge Funds Weigh In On Timothy Plan High Dividend Stock ETF

Several hedge funds have recently made changes to their positions in TPHD. Christian Investment Advisors Inc. lifted its position in Timothy Plan High Dividend Stock ETF by 2.8% during the 3rd quarter. Christian Investment Advisors Inc. now owns 423,651 shares of the company’s stock worth $17,183,000 after acquiring an additional 11,739 shares during the period. Benjamin Edwards Inc. purchased a new stake in Timothy Plan High Dividend Stock ETF during the 3rd quarter valued at about $6,040,000. OneAscent Financial Services LLC increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 3.9% in the third quarter. OneAscent Financial Services LLC now owns 79,244 shares of the company’s stock valued at $3,214,000 after purchasing an additional 2,997 shares during the period. Cetera Investment Advisers increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 6.2% in the first quarter. Cetera Investment Advisers now owns 61,885 shares of the company’s stock valued at $2,560,000 after purchasing an additional 3,619 shares during the period. Finally, Carlson Financial Inc. increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 1.1% in the second quarter. Carlson Financial Inc. now owns 60,871 shares of the company’s stock valued at $2,574,000 after purchasing an additional 679 shares during the period.

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.