Short Interest in Timothy Plan US Small Cap Core ETF (NYSEARCA:TPSC) Drops By 42.9%

Timothy Plan US Small Cap Core ETF (NYSEARCA:TPSC) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 12,579 shares, a decrease of 42.9% from the April 15th total of 22,022 shares. Based on an average daily volume of 15,116 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Timothy Plan US Small Cap Core ETF Price Performance

Shares of NYSEARCA TPSC traded down $0.73 on Friday, hitting $44.14. The company’s stock had a trading volume of 14,087 shares, compared to its average volume of 29,112. Timothy Plan US Small Cap Core ETF has a 12-month low of $36.84 and a 12-month high of $46.15. The company has a market capitalization of $322.22 million, a price-to-earnings ratio of 16.66 and a beta of 0.97. The stock has a 50 day moving average of $43.87 and a 200-day moving average of $43.08.

Hedge Funds Weigh In On Timothy Plan US Small Cap Core ETF

A number of institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers raised its holdings in shares of Timothy Plan US Small Cap Core ETF by 3.6% in the first quarter. Cetera Investment Advisers now owns 42,153 shares of the company’s stock worth $1,789,000 after acquiring an additional 1,474 shares during the last quarter. Frontier Asset Management LLC raised its holdings in shares of Timothy Plan US Small Cap Core ETF by 12.8% in the first quarter. Frontier Asset Management LLC now owns 37,858 shares of the company’s stock worth $1,607,000 after acquiring an additional 4,283 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Timothy Plan US Small Cap Core ETF by 4.5% in the first quarter. Assetmark Inc. now owns 120,412 shares of the company’s stock worth $5,111,000 after acquiring an additional 5,172 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Timothy Plan US Small Cap Core ETF by 29.9% in the first quarter. Geneos Wealth Management Inc. now owns 13,667 shares of the company’s stock worth $580,000 after acquiring an additional 3,147 shares during the last quarter. Finally, Valmark Advisers Inc. raised its holdings in shares of Timothy Plan US Small Cap Core ETF by 2.8% in the first quarter. Valmark Advisers Inc. now owns 42,603 shares of the company’s stock worth $1,808,000 after acquiring an additional 1,145 shares during the last quarter.

About Timothy Plan US Small Cap Core ETF

The Timothy Plan US Small Cap Core ETF (TPSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a volatility-weighted index of U.S small-caps screened for defined Christian values. TPSC was launched on Dec 2, 2019 and is managed by Timothy.