THOR Index Rotation ETF (NYSE:THIR) Stock Short Interest Drops 72.4%

THOR Index Rotation ETF (NYSE:THIR) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 7,764 shares, a decrease of 72.4% from the September 15th total of 28,148 shares. Based on an average daily volume of 35,185 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

THOR Index Rotation ETF Trading Down 0.1%

NYSE THIR traded down $0.05 during mid-day trading on Monday, hitting $34.03. The company’s stock had a trading volume of 10,615 shares, compared to its average volume of 53,288. The company’s 50 day simple moving average is $34.11 and its 200 day simple moving average is $33.49. THOR Index Rotation ETF has a twelve month low of $30.15 and a twelve month high of $35.00. The firm has a market capitalization of $198.08 million, a price-to-earnings ratio of 29.80 and a beta of 0.78.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in THOR Index Rotation ETF stock. HB Wealth Management LLC acquired a new stake in shares of THOR Index Rotation ETF (NYSE:THIR) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,882 shares of the company’s stock, valued at approximately $586,000. HB Wealth Management LLC owned about 0.30% of THOR Index Rotation ETF at the end of the most recent reporting period.

About THOR Index Rotation ETF

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. THIR was launched on Sep 24, 2024 and is issued by THOR.