UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Stock Short Interest Report for October

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 471 shares, a drop of 98.9% from the October 15th total of 41,879 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,110 shares, the days-to-cover ratio is currently 0.1 days.

UPAR Ultra Risk Parity ETF Stock Performance

NYSEARCA UPAR traded down $0.32 on Tuesday, reaching $15.05. 10,068 shares of the stock traded hands, compared to its average volume of 9,763. UPAR Ultra Risk Parity ETF has a 12 month low of $14.77 and a 12 month high of $17.71. The company has a market cap of $53.88 million, a price-to-earnings ratio of 15.89 and a beta of 0.97. The company has a fifty day moving average price of $15.46 and a 200-day moving average price of $16.25.

UPAR Ultra Risk Parity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, September 28th were issued a $0.1089 dividend. The ex-dividend date was Monday, September 28th. This is a decrease from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.3290. This represents a $0.44 annualized dividend and a dividend yield of 2.9%.

Institutional Trading of UPAR Ultra Risk Parity ETF

An institutional investor recently raised its stake in UPAR Ultra Risk Parity ETF stock. Farther Finance Advisors LLC grew its holdings in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) by 42.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,484 shares of the company’s stock after purchasing an additional 3,420 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.32% of UPAR Ultra Risk Parity ETF worth $171,000 at the end of the most recent reporting period.

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.