Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) Sees Large Growth in Short Interest

Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,249 shares, an increase of 95.5% from the August 15th total of 4,732 shares. Based on an average trading volume of 14,326 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

Toews Agility Shares Managed Risk ETF Stock Performance

Shares of NYSEARCA MRSK traded down $0.14 during trading hours on Tuesday, reaching $39.05. 230 shares of the stock were exchanged, compared to its average volume of 34,459. The firm has a market capitalization of $316.35 million, a price-to-earnings ratio of 24.48 and a beta of 0.61. Toews Agility Shares Managed Risk ETF has a 52 week low of $34.50 and a 52 week high of $41.71. The stock’s fifty day simple moving average is $39.26 and its 200 day simple moving average is $37.95.

Institutional Investors Weigh In On 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 bought a new stake in Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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.