SoFi Enhanced Yield ETF (NYSEARCA:THTA) Short Interest Update

SoFi Enhanced Yield ETF (NYSEARCA:THTA) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 11,023 shares, a decrease of 13.9% from the January 15th total of 12,799 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 38,634 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 38,634 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On SoFi Enhanced Yield ETF

An institutional investor recently raised its position in SoFi Enhanced Yield ETF stock. Jane Street Group LLC boosted its stake in shares of SoFi Enhanced Yield ETF (NYSEARCA:THTA) by 89.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,952 shares of the company’s stock after purchasing an additional 9,879 shares during the quarter. Jane Street Group LLC owned 0.87% of SoFi Enhanced Yield ETF worth $393,000 at the end of the most recent quarter.

SoFi Enhanced Yield ETF Trading Up 0.1%

SoFi Enhanced Yield ETF stock traded up $0.02 during trading hours on Wednesday, reaching $15.28. 34,852 shares of the company were exchanged, compared to its average volume of 29,219. The firm has a market cap of $37.43 million, a price-to-earnings ratio of 24.54 and a beta of 0.35. The stock has a 50-day moving average of $15.21 and a 200 day moving average of $15.13. SoFi Enhanced Yield ETF has a 12 month low of $12.30 and a 12 month high of $19.16.

SoFi Enhanced Yield ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 13th. Investors of record on Thursday, February 12th were issued a $0.1536 dividend. This is a boost from SoFi Enhanced Yield ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, February 12th. This represents a c) annualized dividend and a yield of 12.1%.

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.