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

Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,586 shares, an increase of 93.7% from the April 15th total of 1,335 shares. Based on an average trading volume of 10,116 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Toews Agility Shares Dynamic Tactical Income ETF Stock Performance

Shares of THY remained flat at $21.84 during midday trading on Monday. 6,221 shares of the stock traded hands, compared to its average volume of 21,833. The company’s 50-day moving average is $22.03 and its 200 day moving average is $22.17. The stock has a market capitalization of $85.61 million, a price-to-earnings ratio of 10.76 and a beta of 0.18. Toews Agility Shares Dynamic Tactical Income ETF has a 1-year low of $19.94 and a 1-year high of $25.17.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Toews Agility Shares Dynamic Tactical Income ETF stock. RPg Family Wealth Advisory LLC boosted its holdings in shares of Toews Agility Shares Dynamic Tactical Income ETF (NYSEARCA:THY) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,010 shares of the company’s stock after acquiring an additional 1,549 shares during the period. RPg Family Wealth Advisory LLC owned about 10.06% of Toews Agility Shares Dynamic Tactical Income ETF worth $3,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Toews Agility Shares Dynamic Tactical Income ETF

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.