Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) Short Interest Update
by Doug Wharley · The Cerbat GemTimothy Plan High Dividend Stock ETF (NYSEARCA:TPHD – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 59,691 shares, a growth of 129.9% from the August 31st total of 25,963 shares. Based on an average daily volume of 17,416 shares, the short-interest ratio is presently 3.4 days. Approximately 0.7% of the company’s shares are short sold.
Institutional Trading of Timothy Plan High Dividend Stock ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. Ocean Park Asset Management LLC purchased a new stake in Timothy Plan High Dividend Stock ETF during the first quarter valued at about $1,729,000. PNC Financial Services Group Inc. increased its stake in Timothy Plan High Dividend Stock ETF by 78.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 29,035 shares of the company’s stock worth $1,119,000 after acquiring an additional 12,748 shares during the last quarter. Allen Capital Group LLC acquired a new stake in Timothy Plan High Dividend Stock ETF during the first quarter worth about $742,000. BIP Wealth LLC purchased a new position in shares of Timothy Plan High Dividend Stock ETF in the 1st quarter worth about $202,000. Finally, World Investment Advisors purchased a new position in shares of Timothy Plan High Dividend Stock ETF in the 1st quarter worth about $295,000.
Timothy Plan High Dividend Stock ETF Price Performance
NYSEARCA:TPHD traded down $0.14 during trading hours on Monday, reaching $40.99. 9,199 shares of the company were exchanged, compared to its average volume of 23,843. The firm has a market cap of $348.42 million, a price-to-earnings ratio of 18.95 and a beta of 0.73. Timothy Plan High Dividend Stock ETF has a 52-week low of $37.54 and a 52-week high of $44.26. The stock has a 50 day simple moving average of $42.98 and a 200 day simple moving average of $42.22.
About Timothy Plan High Dividend Stock ETF
The Timothy Plan High Dividend Stock ETF (TPHD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of US high dividend large-caps screened for Christian values. TPHD was launched on Apr 29, 2019 and is managed by Timothy.
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