Short Interest in Timothy Plan US Small Cap Core ETF (NYSEARCA:TPSC) Drops By 42.9%

Timothy Plan US Small Cap Core ETF (NYSEARCA:TPSC) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 12,579 shares, a decline of 42.9% from the April 15th total of 22,022 shares. Based on an average daily volume of 15,116 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are short sold.

Timothy Plan US Small Cap Core ETF Stock Up 0.9%

Timothy Plan US Small Cap Core ETF stock traded up $0.41 during midday trading on Monday, hitting $44.55. 22,214 shares of the stock were exchanged, compared to its average volume of 29,037. Timothy Plan US Small Cap Core ETF has a 52-week low of $36.84 and a 52-week high of $46.15. The stock has a market capitalization of $325.22 million, a price-to-earnings ratio of 16.66 and a beta of 0.97. The business’s 50-day moving average price is $43.87 and its 200-day moving average price is $43.09.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its holdings in Timothy Plan US Small Cap Core ETF by 3.6% during the first quarter. Cetera Investment Advisers now owns 42,153 shares of the company’s stock worth $1,789,000 after purchasing an additional 1,474 shares during the last quarter. Frontier Asset Management LLC boosted its stake in Timothy Plan US Small Cap Core ETF by 12.8% in the first quarter. Frontier Asset Management LLC now owns 37,858 shares of the company’s stock valued at $1,607,000 after acquiring an additional 4,283 shares during the last quarter. Assetmark Inc. boosted its stake in Timothy Plan US Small Cap Core ETF by 4.5% in the first quarter. Assetmark Inc. now owns 120,412 shares of the company’s stock valued at $5,111,000 after acquiring an additional 5,172 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Timothy Plan US Small Cap Core ETF by 29.9% in the first quarter. Geneos Wealth Management Inc. now owns 13,667 shares of the company’s stock valued at $580,000 after acquiring an additional 3,147 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its stake in Timothy Plan US Small Cap Core ETF by 2.8% in the first quarter. Valmark Advisers Inc. now owns 42,603 shares of the company’s stock valued at $1,808,000 after acquiring an additional 1,145 shares during the last quarter.

Timothy Plan US Small Cap Core ETF Company Profile

The Timothy Plan US Small Cap Core ETF (TPSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a volatility-weighted index of U.S small-caps screened for defined Christian values. TPSC was launched on Dec 2, 2019 and is managed by Timothy.