MRP SynthEquity ETF (NYSEARCA:SNTH) Sees Significant Drop in Short Interest

MRP SynthEquity ETF (NYSEARCA:SNTH) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 26,013 shares, a drop of 74.1% from the July 30th total of 100,402 shares. Based on an average daily volume of 46,980 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

MRP SynthEquity ETF Stock Performance

NYSEARCA:SNTH traded down $0.14 during midday trading on Friday, reaching $30.16. 33,747 shares of the stock traded hands, compared to its average volume of 59,891. The company has a fifty day moving average of $29.87 and a 200 day moving average of $28.87. MRP SynthEquity ETF has a 12 month low of $25.75 and a 12 month high of $34.95. The stock has a market capitalization of $254.85 million, a P/E ratio of 24.92 and a beta of 1.14.

Hedge Funds Weigh In On MRP SynthEquity ETF

An institutional investor recently bought a new stake in MRP SynthEquity ETF stock. Arkadios Wealth Advisors bought a new position in MRP SynthEquity ETF (NYSEARCA:SNTH) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,581 shares of the company’s stock, valued at approximately $645,000. Arkadios Wealth Advisors owned about 0.45% of MRP SynthEquity ETF at the end of the most recent reporting period.

MRP SynthEquity ETF Company Profile

The MRP SynthEquity ETF (SNTH) is an exchange-traded fund that mostly invests in large cap equity. STNH is actively managed, seeking long-term capital appreciation through SPX options (S&P 500 index) and US Treasuries. The fund is designed to provide a floor against market losses, approximately 15% of every one-year rolling period. SNTH was launched on Mar 10, 2025 and is issued by Measured Risk Portfolios.