Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) Short Interest Update

Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 4,732 shares, a decline of 41.5% from the July 30th total of 8,088 shares. Based on an average trading volume of 13,009 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Toews Agility Shares Managed Risk ETF Stock Performance

Shares of NYSEARCA:MRSK traded down $0.11 during trading on Monday, hitting $39.55. The company’s stock had a trading volume of 8,817 shares, compared to its average volume of 35,395. The company has a market capitalization of $320.36 million, a PE ratio of 24.48 and a beta of 0.61. Toews Agility Shares Managed Risk ETF has a fifty-two week low of $34.36 and a fifty-two week high of $41.71. The stock’s 50-day moving average price is $39.02 and its two-hundred day moving average price is $37.76.

Hedge Funds Weigh In On Toews Agility Shares Managed Risk ETF

An institutional investor recently bought a new position in Toews Agility Shares Managed Risk ETF stock. Sound Income Strategies LLC purchased a new position in shares of Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 844 shares of the company’s stock, valued at approximately $30,000.

About Toews Agility Shares Managed Risk ETF

The Toews Agility Shares Managed Risk ETF (MRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund shifts allocations between fixed income and equity securities, managing risks through option overlay strategies. MRSK was launched on Jun 25, 2020 and is managed by Agility Shares.