UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Down 80.9% in June

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,130 shares, a decrease of 80.9% from the May 31st total of 5,911 shares. Based on an average daily trading volume, of 3,961 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

UPAR Ultra Risk Parity ETF Stock Performance

NYSEARCA UPAR remained flat at $16.53 during trading hours on Friday. The company had a trading volume of 1,268 shares, compared to its average volume of 8,688. The stock has a market cap of $68.60 million, a price-to-earnings ratio of 15.89 and a beta of 0.96. The firm has a fifty day moving average of $16.71 and a 200-day moving average of $16.47. UPAR Ultra Risk Parity ETF has a fifty-two week low of $13.70 and a fifty-two week high of $17.71.

About UPAR Ultra Risk Parity ETF

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.