THOR Equal Weight Low Volatility ETF (NYSE:THLV) Stock Short Interest Rises 57.1%

THOR Equal Weight Low Volatility ETF (NYSE:THLV – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 34,192 shares, an increase of 57.1% from the September 15th total of 21,770 shares. Based on an average trading volume of 5,969 shares, the short-interest ratio is currently 5.7 days. Currently, 1.9% of the company’s shares are sold short.

Institutional Investors Weigh In On THOR Equal Weight Low Volatility ETF

A hedge fund recently raised its position in THOR Equal Weight Low Volatility ETF stock. Compound Planning Inc. grew its holdings in shares of THOR Equal Weight Low Volatility ETF (NYSE:THLV – Free Report) by 6.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 533,528 shares of the company’s stock after buying an additional 30,338 shares during the period. Compound Planning Inc. owned approximately 34.87% of THOR Equal Weight Low Volatility ETF worth $15,937,000 as of its most recent filing with the SEC.

THOR Equal Weight Low Volatility ETF Stock Performance

Shares of NYSE:THLV traded up $0.02 during midday trading on Friday, reaching $31.49. The company’s stock had a trading volume of 13,123 shares, compared to its average volume of 10,679. The firm has a market capitalization of $55.74 million, a price-to-earnings ratio of 21.51 and a beta of 0.64. The firm has a 50 day moving average price of $32.07 and a two-hundred day moving average price of $32.39. THOR Equal Weight Low Volatility ETF has a fifty-two week low of $29.39 and a fifty-two week high of $33.48.

About THOR Equal Weight Low Volatility ETF

(Get Free Report)

The Thor Low Volatility ETF (THLV) is an exchange-traded fund that is based on the Thor Low Volatility index. The fund aims to provide a low volatility US large-cap equity strategy. The fund tracks an index that selects sectors based on price momentum and historical volatility and equally weights exposure. THLV was launched on Sep 12, 2022 and is managed by THOR.

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