Timothy Plan International ETF (NYSEARCA:TPIF) Sees Significant Drop in Short Interest

Timothy Plan International ETF (NYSEARCA:TPIF) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 22,151 shares, a decrease 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 stock are short sold.

Institutional Trading of Timothy Plan International ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV increased its stake in shares of Timothy Plan International ETF by 2,375.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 598,497 shares of the company’s stock worth $20,756,000 after acquiring an additional 574,317 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Timothy Plan International ETF in the 4th quarter worth $9,734,000. CWM LLC increased its stake in shares of Timothy Plan International ETF by 7.3% in the 4th quarter. CWM LLC now owns 228,226 shares of the company’s stock worth $7,915,000 after acquiring an additional 15,547 shares during the last quarter. Strategic Equity Management increased its stake in shares of Timothy Plan International ETF by 44.5% in the 4th quarter. Strategic Equity Management now owns 221,185 shares of the company’s stock worth $7,671,000 after acquiring an additional 68,105 shares during the last quarter. Finally, LVZ Inc. increased its stake in shares of Timothy Plan International ETF by 52.3% in the 1st quarter. LVZ Inc. now owns 129,895 shares of the company’s stock worth $4,681,000 after acquiring an additional 44,593 shares during the last quarter.

Timothy Plan International ETF Stock Down 2.1%

Shares of TPIF traded down $0.78 during midday trading on Friday, reaching $36.97. The company had a trading volume of 96,804 shares, compared to its average volume of 40,234. Timothy Plan International ETF has a 1-year low of $30.75 and a 1-year high of $38.85. The stock has a market cap of $240.31 million, a PE ratio of 16.22 and a beta of 0.78. The firm has a 50 day simple moving average of $36.83 and a 200-day simple moving average of $35.91.

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.