Short Interest in Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) Drops By 39.1%

Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 4,462 shares, a drop of 39.1% from the June 30th total of 7,330 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 58,829 shares, the days-to-cover ratio is currently 0.1 days.

Toews Agility Shares Managed Risk ETF Stock Performance

Toews Agility Shares Managed Risk ETF stock traded up $0.52 during midday trading on Thursday, reaching $38.84. The stock had a trading volume of 25,651 shares, compared to its average volume of 38,655. The stock has a market capitalization of $314.60 million, a P/E ratio of 24.48 and a beta of 0.62. The firm’s fifty day simple moving average is $38.46 and its 200-day simple moving average is $37.38. Toews Agility Shares Managed Risk ETF has a 1-year low of $33.57 and a 1-year high of $38.96.

Institutional Trading of Toews Agility Shares Managed Risk ETF

A hedge fund recently bought a new stake in Toews Agility Shares Managed Risk ETF stock. Sound Income Strategies LLC acquired a new position in Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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.