THOR Equal Weight Low Volatility ETF (NYSE:THLV – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 34,192 shares, a growth of 57.1% from the September 15th total of 21,770 shares. Based on an average daily volume of 5,969 shares, the days-to-cover ratio is currently 5.7 days. Approximately 1.9% of the company’s stock are short sold.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in THOR Equal Weight Low Volatility ETF stock. Compound Planning Inc. raised its holdings in THOR Equal Weight Low Volatility ETF (NYSE:THLV – Free Report) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 533,528 shares of the company’s stock after buying an additional 30,338 shares during the period. Compound Planning Inc. owned about 34.87% of THOR Equal Weight Low Volatility ETF worth $15,937,000 as of its most recent filing with the Securities and Exchange Commission.
THOR Equal Weight Low Volatility ETF Trading Up 0.1%
NYSE THLV traded up $0.02 during mid-day trading on Friday, hitting $31.49. The company’s stock had a trading volume of 13,123 shares, compared to its average volume of 10,679. The company’s 50 day simple moving average is $32.07 and its 200 day simple moving average is $32.39. THOR Equal Weight Low Volatility ETF has a twelve month low of $29.39 and a twelve month high of $33.48. The firm has a market capitalization of $55.74 million, a price-to-earnings ratio of 21.51 and a beta of 0.64.
About THOR Equal Weight Low Volatility ETF
The Thor Low Volatility ETF (THLV) is an exchange-traded fund that is based on the Thor Low Volatility index. The fund aims to provide a low volatility US large-cap equity strategy. The fund tracks an index that selects sectors based on price momentum and historical volatility and equally weights exposure. THLV was launched on Sep 12, 2022 and is managed by THOR.
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