Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) Short Interest Up 95.5% in August

Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 9,249 shares, a growth of 95.5% from the August 15th total of 4,732 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 14,326 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Toews Agility Shares Managed Risk ETF stock. Sound Income Strategies LLC purchased a new stake in Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 844 shares of the company’s stock, valued at approximately $30,000.

Toews Agility Shares Managed Risk ETF Price Performance

MRSK stock traded down $0.24 during mid-day trading on Wednesday, reaching $38.86. 19,042 shares of the company’s stock were exchanged, compared to its average volume of 34,430. The company has a market cap of $349.70 million, a price-to-earnings ratio of 24.48 and a beta of 0.61. The stock’s 50 day moving average is $39.26 and its 200 day moving average is $37.96. Toews Agility Shares Managed Risk ETF has a 12-month low of $34.50 and a 12-month high of $41.71.

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.