PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Update

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 15,208 shares, a growth of 77.5% from the January 15th total of 8,570 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 12,227 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 12,227 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.8% of the company’s shares are short sold.

PMV Adaptive Risk Parity ETF Price Performance

ARP traded up $0.23 during midday trading on Friday, reaching $32.71. 4,564 shares of the company’s stock traded hands, compared to its average volume of 13,915. The firm has a fifty day moving average of $31.89 and a two-hundred day moving average of $30.97. The stock has a market capitalization of $59.53 million, a price-to-earnings ratio of -3.63 and a beta of 0.41. PMV Adaptive Risk Parity ETF has a 52 week low of $26.30 and a 52 week high of $34.00.

PMV Adaptive Risk Parity ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a dividend of $1.9744 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 649.0%. PMV Adaptive Risk Parity ETF’s payout ratio is -15.89%.

Institutional Trading of PMV Adaptive Risk Parity ETF

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC raised its stake in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 496,039 shares of the company’s stock after purchasing an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF makes up about 29.6% of PMV Capital Advisers LLC’s holdings, making the stock its biggest holding. PMV Capital Advisers LLC owned about 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Company Profile

The Pmv Adaptive Risk Parity ETF (ARP) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund-of-funds that allocates to a variety of asset classes: global equities, fixed-income securities, commodities, and currencies based on risk parity. ARP was launched on Dec 21, 2022 and is managed by PMV.