RPAR Risk Parity ETF (NYSEARCA:RPAR) Short Interest Down 80.9% in April

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 9,613 shares, a drop of 80.9% from the April 15th total of 50,443 shares. Based on an average daily trading volume, of 30,402 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

RPAR Risk Parity ETF Stock Down 0.5%

Shares of RPAR stock traded down $0.12 during trading on Tuesday, reaching $22.94. 855 shares of the company’s stock were exchanged, compared to its average volume of 33,842. RPAR Risk Parity ETF has a twelve month low of $19.12 and a twelve month high of $23.69. The firm’s fifty day moving average price is $22.66 and its 200-day moving average price is $22.24. The stock has a market capitalization of $605.62 million, a PE ratio of 16.43 and a beta of 0.70.

Hedge Funds Weigh In On RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD bought a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,422 shares of the company’s stock, valued at approximately $165,000.

About RPAR Risk Parity ETF

The RPAR Risk Parity ETF (RPAR) is an exchange-traded fund that is based on the Advanced Research Risk Parity index. The fund is an actively managed fund-of-funds allocating to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. RPAR was launched on Dec 13, 2019 and is managed by RPAR.