Short Interest in THOR Index Rotation ETF (NYSE:THIR) Drops By 97.4%

by · The Cerbat Gem

THOR Index Rotation ETF (NYSE:THIR – Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 165 shares, a decline of 97.4% from the August 15th total of 6,452 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 22,748 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On THOR Index Rotation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. purchased a new position in THOR Index Rotation ETF during the first quarter valued at $1,182,000. Ausdal Financial Partners Inc. increased its stake in shares of THOR Index Rotation ETF by 26.9% during the second quarter. Ausdal Financial Partners Inc. now owns 22,891 shares of the company’s stock worth $669,000 after purchasing an additional 4,849 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of THOR Index Rotation ETF during the 3rd quarter worth about $299,000. Tucker Asset Management LLC acquired a new position in shares of THOR Index Rotation ETF during the 4th quarter worth about $123,000. Finally, RPS Advisory Solutions LLC acquired a new position in shares of THOR Index Rotation ETF during the 4th quarter worth about $2,692,000.

THOR Index Rotation ETF Stock Down 0.7%

Shares of THIR stock traded down $0.24 during trading hours on Thursday, hitting $33.65. 18,231 shares of the company’s stock were exchanged, compared to its average volume of 56,494. THOR Index Rotation ETF has a fifty-two week low of $30.15 and a fifty-two week high of $35.00. The firm has a market cap of $199.89 million, a P/E ratio of 29.80 and a beta of 0.77. The firm has a 50 day moving average of $34.13 and a two-hundred day moving average of $33.22.

About THOR Index Rotation ETF

(Get Free Report)

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.

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