Short Interest in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Increases By 872.8%

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 8,570 shares, an increase of 872.8% from the December 31st total of 881 shares. Based on an average daily volume of 21,655 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 21,655 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC raised its holdings in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 496,039 shares of the company’s stock after purchasing an additional 46,642 shares during the period. PMV Adaptive Risk Parity ETF makes up about 29.6% of PMV Capital Advisers LLC’s portfolio, making the stock its largest holding. PMV Capital Advisers LLC owned approximately 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent SEC filing. 20.16% of the stock is currently owned by institutional investors.

PMV Adaptive Risk Parity ETF Stock Up 1.1%

Shares of NYSEARCA ARP traded up $0.37 during mid-day trading on Wednesday, reaching $33.30. 9,498 shares of the company were exchanged, compared to its average volume of 17,289. The stock has a market capitalization of $60.61 million, a P/E ratio of -3.70 and a beta of 0.41. The company’s 50-day simple moving average is $31.69 and its 200-day simple moving average is $30.67. PMV Adaptive Risk Parity ETF has a twelve month low of $26.30 and a twelve month high of $33.30.

PMV Adaptive Risk Parity ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $1.9744 per share. This represents a dividend yield of 649.0%. The ex-dividend date was Tuesday, December 30th. PMV Adaptive Risk Parity ETF’s payout ratio is currently -15.89%.

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.