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

Timothy Plan International ETF (NYSEARCA:TPIF) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 29,403 shares, a decline of 38.7% from the July 30th total of 47,984 shares. Based on an average daily volume of 28,112 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of Timothy Plan International ETF

A number of institutional investors have recently added to or reduced their stakes in TPIF. Jones Financial Companies Lllp raised its holdings in shares of Timothy Plan International ETF by 234.3% during the 1st quarter. Jones Financial Companies Lllp now owns 31,867 shares of the company’s stock valued at $916,000 after purchasing an additional 22,335 shares in the last quarter. Raymond James Financial Inc. increased its position in Timothy Plan International ETF by 6.9% during the second quarter. Raymond James Financial Inc. now owns 7,452 shares of the company’s stock worth $241,000 after buying an additional 484 shares during the last quarter. Jane Street Group LLC increased its position in Timothy Plan International ETF by 369.4% during the second quarter. Jane Street Group LLC now owns 90,134 shares of the company’s stock worth $2,911,000 after buying an additional 70,934 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Timothy Plan International ETF by 414.5% during the second quarter. Geneos Wealth Management Inc. now owns 51,218 shares of the company’s stock valued at $1,654,000 after buying an additional 41,263 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Timothy Plan International ETF by 16.4% during the third quarter. JPMorgan Chase & Co. now owns 22,555 shares of the company’s stock valued at $753,000 after buying an additional 3,181 shares in the last quarter.

Timothy Plan International ETF Trading Down 1.1%

TPIF stock traded down $0.43 during mid-day trading on Tuesday, hitting $38.28. The stock had a trading volume of 12,765 shares, compared to its average volume of 35,440. Timothy Plan International ETF has a 1-year low of $32.47 and a 1-year high of $39.15. The company has a fifty day moving average of $37.97 and a 200 day moving average of $37.49. The stock has a market capitalization of $256.48 million, a price-to-earnings ratio of 16.22 and a beta of 0.78.

Timothy Plan International ETF Company Profile

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.