MRP SynthEquity ETF (NYSEARCA:SNTH) Short Interest Up 367.3% in April

MRP SynthEquity ETF (NYSEARCA:SNTH) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 34,569 shares, a growth of 367.3% from the April 15th total of 7,398 shares. Based on an average daily volume of 41,501 shares, the short-interest ratio is currently 0.8 days. Approximately 0.6% of the company’s stock are sold short.

MRP SynthEquity ETF Stock Down 1.0%

Shares of NYSEARCA SNTH traded down $0.30 on Friday, reaching $29.98. 11,231 shares of the company’s stock traded hands, compared to its average volume of 42,075. The company has a market cap of $163.99 million, a price-to-earnings ratio of 24.92 and a beta of 1.14. The business’s 50 day simple moving average is $27.69 and its two-hundred day simple moving average is $28.72. MRP SynthEquity ETF has a 12 month low of $25.61 and a 12 month high of $33.33.

Institutional Investors Weigh In On MRP SynthEquity ETF

Several institutional investors and hedge funds have recently made changes to their positions in SNTH. Strategic Blueprint LLC increased its position in shares of MRP SynthEquity ETF by 196.0% during the fourth quarter. Strategic Blueprint LLC now owns 34,321 shares of the company’s stock valued at $950,000 after acquiring an additional 22,728 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in MRP SynthEquity ETF in the 4th quarter worth approximately $1,115,000. Finally, Kingswood Wealth Advisors LLC grew its position in MRP SynthEquity ETF by 99.1% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 166,415 shares of the company’s stock worth $4,608,000 after purchasing an additional 82,848 shares during the period.

About MRP SynthEquity ETF

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.