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) was the recipient of a large decline in short interest in 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 company’s stock are short sold. Based on an average trading volume of 25,300 shares, the days-to-cover ratio is currently 0.4 days.

Timothy Plan High Dividend Stock ETF Stock Performance

NYSEARCA:TPHD traded up $0.32 during midday trading on Friday, reaching $44.58. 180,858 shares of the stock traded hands, compared to its average volume of 25,741. Timothy Plan High Dividend Stock ETF has a 12-month low of $37.54 and a 12-month high of $45.32. The business has a 50-day moving average of $42.70 and a two-hundred day moving average of $42.34. The stock has a market capitalization of $403.45 million, a PE ratio of 16.89 and a beta of 0.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kovack Advisors Inc. boosted its holdings in Timothy Plan High Dividend Stock ETF by 7.0% in the third quarter. Kovack Advisors Inc. now owns 7,111 shares of the company’s stock worth $291,000 after acquiring an additional 465 shares in the last quarter. 49 Wealth Management LLC purchased a new stake in shares of Timothy Plan High Dividend Stock ETF during the third quarter worth about $396,000. Benjamin Edwards Inc. purchased a new stake in shares of Timothy Plan High Dividend Stock ETF during the third quarter worth about $6,040,000. Focus Advisor Solutions LLC increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 1.8% during the third quarter. Focus Advisor Solutions LLC now owns 49,521 shares of the company’s stock valued at $2,009,000 after acquiring an additional 858 shares in the last quarter. Finally, OneAscent Financial Services LLC increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 3.9% during the third quarter. OneAscent Financial Services LLC now owns 79,244 shares of the company’s stock valued at $3,214,000 after acquiring an additional 2,997 shares in the last quarter.

About Timothy Plan High Dividend Stock ETF

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.