UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 32,363 shares, a growth of 212.6% from the August 15th total of 10,353 shares. Based on an average daily volume of 2,286 shares, the short-interest ratio is presently 14.2 days. Approximately 0.9% of the company’s shares are sold short.
UPAR Ultra Risk Parity ETF Stock Performance
Shares of UPAR remained flat at $15.94 during midday trading on Friday. The stock had a trading volume of 3,917 shares, compared to its average volume of 9,754. UPAR Ultra Risk Parity ETF has a 1-year low of $14.94 and a 1-year high of $17.71. The stock’s 50-day moving average is $16.08 and its two-hundred day moving average is $16.46. The firm has a market cap of $59.77 million, a price-to-earnings ratio of 15.89 and a beta of 0.97.
UPAR Ultra Risk Parity ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a dividend of $0.329 per share. This represents a $1.32 annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend was Monday, June 29th. This is a positive change from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.03.
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.
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