THOR Index Rotation ETF (NYSE:THIR – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 28,148 shares, a growth of 16,959.4% from the August 31st total of 165 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 19,172 shares, the days-to-cover ratio is presently 1.5 days.
THOR Index Rotation ETF Trading Down 0.5%
THIR traded down $0.16 on Thursday, hitting $33.71. 27,582 shares of the company were exchanged, compared to its average volume of 55,335. The firm has a 50-day moving average price of $34.04 and a two-hundred day moving average price of $33.29. THOR Index Rotation ETF has a twelve month low of $30.15 and a twelve month high of $35.00. The company has a market cap of $197.56 million, a price-to-earnings ratio of 29.80 and a beta of 0.77.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of THIR. HB Wealth Management LLC purchased a new stake in shares of THOR Index Rotation ETF in the 1st quarter valued at about $586,000. CMC Financial Group increased its position in THOR Index Rotation ETF by 8.3% during the first quarter. CMC Financial Group now owns 139,802 shares of the company’s stock worth $4,335,000 after buying an additional 10,772 shares during the period. Harbour Investments Inc. acquired a new position in THOR Index Rotation ETF during the fourth quarter worth approximately $109,000. Finally, Impact Partnership Wealth LLC acquired a new position in THOR Index Rotation ETF during the fourth quarter worth approximately $355,000.
About THOR Index Rotation ETF
The THOR Index Rotation ETF (THIR) is an exchange-traded fund that is based on the THOR SDQ Rotation index. The fund is a fund-of-funds tracking an equal-weighted index of US large-cap stocks focusing on volatility management. Investment allocation is determined by market conditions, shifting between three major indices and cash to reduce risk. THIR was launched on Sep 24, 2024 and is issued by THOR.
Further Reading
- Five stocks we like better than THOR Index Rotation ETF
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for THOR Index Rotation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for THOR Index Rotation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
