Parametric Equity Premium Income ETF (NYSEARCA:PAPI) Short Interest Update

Parametric Equity Premium Income ETF (NYSEARCA:PAPI) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 13,849 shares, a drop of 57.8% from the August 31st total of 32,844 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 78,014 shares, the short-interest ratio is currently 0.2 days.

Parametric Equity Premium Income ETF Trading Down 0.1%

NYSEARCA:PAPI traded down $0.03 during midday trading on Tuesday, hitting $26.66. 60,983 shares of the company were exchanged, compared to its average volume of 79,499. The company has a fifty day simple moving average of $27.67 and a 200 day simple moving average of $27.16. Parametric Equity Premium Income ETF has a fifty-two week low of $25.00 and a fifty-two week high of $28.53. The company has a market capitalization of $477.21 million, a PE ratio of 15.71 and a beta of 0.21.

About Parametric Equity Premium Income ETF

The Parametric Equity Premium Income ETF (PAPI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation. PAPI was launched on Oct 16, 2023 and is issued by Parametric.