Short Interest in Timothy Plan International ETF (NYSEARCA:TPIF) Drops By 64.2%
by Doug Wharley · The Cerbat GemTimothy Plan International ETF (NYSEARCA:TPIF – Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 22,151 shares, a drop of 64.2% from the April 15th total of 61,898 shares. Based on an average daily volume of 57,441 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold.
Timothy Plan International ETF Price Performance
Shares of Timothy Plan International ETF stock traded down $0.78 during trading hours on Friday, hitting $36.97. 96,804 shares of the company’s stock traded hands, compared to its average volume of 40,234. Timothy Plan International ETF has a 12-month low of $30.75 and a 12-month high of $38.85. The stock has a market capitalization of $240.31 million, a price-to-earnings ratio of 16.22 and a beta of 0.78. The company has a fifty day simple moving average of $36.83 and a 200-day simple moving average of $35.91.
Institutional Trading of Timothy Plan International ETF
Several hedge funds have recently added to or reduced their stakes in the stock. Independent Financial Group LLC bought a new stake in Timothy Plan International ETF in the first quarter worth about $232,000. Bedel Financial Consulting Inc. raised its position in Timothy Plan International ETF by 26.2% in the first quarter. Bedel Financial Consulting Inc. now owns 8,895 shares of the company’s stock worth $321,000 after acquiring an additional 1,847 shares during the period. Kestra Advisory Services LLC raised its position in Timothy Plan International ETF by 20.1% in the first quarter. Kestra Advisory Services LLC now owns 102,356 shares of the company’s stock worth $3,689,000 after acquiring an additional 17,143 shares during the period. LVZ Inc. lifted its stake in Timothy Plan International ETF by 52.3% in the first quarter. LVZ Inc. now owns 129,895 shares of the company’s stock valued at $4,681,000 after purchasing an additional 44,593 shares during the last quarter. Finally, Faithward Advisors LLC lifted its stake in Timothy Plan International ETF by 14.4% in the first quarter. Faithward Advisors LLC now owns 12,511 shares of the company’s stock valued at $451,000 after purchasing an additional 1,577 shares during the last quarter.
About Timothy Plan International ETF
The Timothy Plan International ETF (TPIF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a volatility-weighted index of international stocks screened for defined Christian values. TPIF was launched on Dec 2, 2019 and is managed by Timothy.