SoFi Enhanced Yield ETF (NYSEARCA:THTA – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 39,041 shares, a drop of 66.3% from the July 15th total of 115,866 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average trading volume of 52,277 shares, the short-interest ratio is currently 0.7 days.
SoFi Enhanced Yield ETF Stock Performance
Shares of NYSEARCA THTA traded up $0.01 during midday trading on Friday, reaching $15.69. 74,037 shares of the company’s stock were exchanged, compared to its average volume of 38,776. SoFi Enhanced Yield ETF has a 52-week low of $14.60 and a 52-week high of $16.07. The business’s fifty day moving average price is $15.56 and its two-hundred day moving average price is $15.46. The stock has a market capitalization of $54.44 million, a PE ratio of 24.54 and a beta of 0.20.
Hedge Funds Weigh In On SoFi Enhanced Yield ETF
An institutional investor recently raised its position in SoFi Enhanced Yield ETF stock. Jane Street Group LLC lifted its stake in shares of SoFi Enhanced Yield ETF (NYSEARCA:THTA – Free Report) by 89.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,952 shares of the company’s stock after buying an additional 9,879 shares during the quarter. Jane Street Group LLC owned approximately 0.87% of SoFi Enhanced Yield ETF worth $393,000 as of its most recent filing with the Securities and Exchange Commission.
SoFi Enhanced Yield ETF Company Profile
The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.
Featured Stories
- Five stocks we like better than SoFi Enhanced Yield ETF
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Receive News & Ratings for SoFi Enhanced Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoFi Enhanced Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.
