Timothy Plan International ETF (NYSEARCA:TPIF) Sees Large Decrease in Short Interest

Timothy Plan International ETF (NYSEARCA:TPIF) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 11,262 shares, a drop of 49.2% from the April 30th total of 22,151 shares. Based on an average daily volume of 43,405 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Timothy Plan International ETF

Hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in Timothy Plan International ETF by 58.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 49,173 shares of the company’s stock worth $1,641,000 after acquiring an additional 18,219 shares during the last quarter. Family Wealth Partners LLC purchased a new position in Timothy Plan International ETF in the 3rd quarter worth approximately $701,000. CWM LLC raised its holdings in Timothy Plan International ETF by 7.3% in the 4th quarter. CWM LLC now owns 228,226 shares of the company’s stock worth $7,915,000 after acquiring an additional 15,547 shares during the last quarter. Turning Point Benefit Group Inc. raised its holdings in Timothy Plan International ETF by 53.7% in the 4th quarter. Turning Point Benefit Group Inc. now owns 80,416 shares of the company’s stock worth $2,789,000 after acquiring an additional 28,101 shares during the last quarter. Finally, First Heartland Consultants Inc. purchased a new position in Timothy Plan International ETF in the 4th quarter worth approximately $631,000.

Timothy Plan International ETF Stock Down 0.1%

Shares of TPIF stock traded down $0.05 during trading hours on Tuesday, hitting $37.75. 268,824 shares of the company’s stock traded hands, compared to its average volume of 41,439. The stock’s fifty day simple moving average is $37.13 and its two-hundred day simple moving average is $36.23. Timothy Plan International ETF has a 12-month low of $31.21 and a 12-month high of $38.85. The stock has a market cap of $245.38 million, a price-to-earnings ratio of 16.22 and a beta of 0.78.

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.