Short Interest in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Grows By 517.0%

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 28,149 shares, a growth of 517.0% from the June 30th total of 4,562 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 14,221 shares, the days-to-cover ratio is currently 2.0 days.

UPAR Ultra Risk Parity ETF Trading Up 0.1%

UPAR stock traded up $0.02 during trading on Friday, hitting $15.71. 1,354 shares of the stock traded hands, compared to its average volume of 8,799. UPAR Ultra Risk Parity ETF has a one year low of $13.88 and a one year high of $17.71. The stock has a market cap of $58.91 million, a price-to-earnings ratio of 15.89 and a beta of 0.96. The company has a 50 day simple moving average of $16.37 and a 200 day simple moving average of $16.53.

UPAR Ultra Risk Parity ETF Company Profile

The UPAR Ultra Risk Parity ETF (UPAR) is an exchange-traded fund that is based on the Advanced Research Ultra Risk Parity index. The fund is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. UPAR was launched on Jan 3, 2022 and is managed by RPAR.