Donoghue Forlines Tactical High Yield ETF (BATS:DFHY) Trading 0.2% Higher – Still a Buy?

Donoghue Forlines Tactical High Yield ETF (BATS:DFHYGet Free Report)’s share price shot up 0.2% during trading on Thursday . The company traded as high as $21.47 and last traded at $21.45. 1,334 shares were traded during trading, The stock had previously closed at $21.40.

Donoghue Forlines Tactical High Yield ETF Price Performance

The stock has a market cap of $31.69 million, a price-to-earnings ratio of 58.31 and a beta of 0.25. The business has a 50-day simple moving average of $21.59 and a two-hundred day simple moving average of $21.18.

Donoghue Forlines Tactical High Yield ETF Company Profile

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The Donoghue Forlines Tactical High Yield ETF (DFHY) is an exchange-traded fund that is based on the FCF Tactical High Yield index. The fund is a fund of funds that tactically allocates exposure to high yield ETFs or US Treasury ETFs based on daily buy-sell signal. DFHY was launched on Dec 8, 2020 and is managed by Donoghue Forlines.

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