Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) Shares Shorted: Short Interest Down 54.6% in September

Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 6,065 shares, a drop of 54.6% from the September 15th total of 13,369 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 20,006 shares, the days-to-cover ratio is presently 0.3 days.

Toews Agility Shares Managed Risk ETF Price Performance

MRSK traded down $0.01 on Tuesday, reaching $40.16. 10,497 shares of the company traded hands, compared to its average volume of 32,867. The stock’s 50 day moving average price is $39.64 and its 200-day moving average price is $38.40. Toews Agility Shares Managed Risk ETF has a 52-week low of $34.50 and a 52-week high of $41.71. The company has a market cap of $327.30 million, a price-to-earnings ratio of 24.48 and a beta of 0.61.

Institutional Investors Weigh In On Toews Agility Shares Managed Risk ETF

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 shares of Toews Agility Shares Managed Risk ETF (NYSEARCA:MRSK) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 844 shares of the company’s stock, valued at approximately $30,000.

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.