PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Update

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) saw a large decline in short interest in April. As of April 15th, there was short interest totaling 236 shares, a decline of 98.1% from the March 31st total of 12,661 shares. Based on an average daily trading volume, of 3,955 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of PMV Adaptive Risk Parity ETF

An institutional investor recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC boosted its holdings in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 11.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 596,088 shares of the company’s stock after purchasing an additional 61,364 shares during the period. PMV Adaptive Risk Parity ETF makes up approximately 31.6% of PMV Capital Advisers LLC’s holdings, making the stock its biggest position. PMV Capital Advisers LLC owned about 30.41% of PMV Adaptive Risk Parity ETF worth $18,705,000 as of its most recent SEC filing. Institutional investors own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Stock Performance

Shares of ARP stock traded up $0.09 during midday trading on Friday, reaching $32.55. 1,109 shares of the company were exchanged, compared to its average volume of 9,400. PMV Adaptive Risk Parity ETF has a 12 month low of $27.44 and a 12 month high of $34.00. The company has a market cap of $63.80 million, a P/E ratio of -3.62 and a beta of 0.47. The company’s 50 day moving average price is $32.18 and its two-hundred day moving average price is $31.86.

PMV Adaptive Risk Parity ETF Company Profile

The Pmv Adaptive Risk Parity ETF (ARP) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund-of-funds that allocates to a variety of asset classes: global equities, fixed-income securities, commodities, and currencies based on risk parity. ARP was launched on Dec 21, 2022 and is managed by PMV.