THOR Index Rotation ETF (NYSEARCA:THIR) Sees Large Increase in Short Interest

THOR Index Rotation ETF (NYSEARCA:THIR) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 40,300 shares, a growth of 722.4% from the September 30th total of 4,900 shares. Based on an average trading volume of 83,700 shares, the short-interest ratio is presently 0.5 days. Approximately 0.8% of the shares of the stock are short sold. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 83,700 shares, the short-interest ratio is presently 0.5 days.

THOR Index Rotation ETF Price Performance

Shares of NYSEARCA:THIR opened at $32.40 on Tuesday. The business’s fifty day moving average price is $31.00 and its two-hundred day moving average price is $29.12. THOR Index Rotation ETF has a fifty-two week low of $24.06 and a fifty-two week high of $32.41. The stock has a market capitalization of $155.84 million, a price-to-earnings ratio of 29.80 and a beta of 0.98.

Institutional Trading of THOR Index Rotation ETF

Large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. bought a new stake in THOR Index Rotation ETF in the first quarter valued at $1,182,000. J Hagan Capital Inc. bought a new stake in THOR Index Rotation ETF in the first quarter valued at $475,000. Thor Trading Advisors LLC bought a new stake in THOR Index Rotation ETF in the first quarter valued at $18,928,000. Prostatis Group LLC grew its position in THOR Index Rotation ETF by 1,487.1% in the second quarter. Prostatis Group LLC now owns 449,523 shares of the company’s stock valued at $13,140,000 after acquiring an additional 421,199 shares during the period. Finally, MBL Wealth LLC bought a new stake in THOR Index Rotation ETF in the second quarter valued at $641,000.

THOR Index Rotation ETF Company Profile

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.