Short Interest in RPAR Risk Parity ETF (NYSEARCA:RPAR) Expands By 497.8%

RPAR Risk Parity ETF (NYSEARCA:RPAR) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 24,502 shares, an increase of 497.8% from the June 15th total of 4,099 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 37,475 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Stock Performance

RPAR Risk Parity ETF stock traded down $0.19 during midday trading on Monday, hitting $21.84. 18,608 shares of the company’s stock were exchanged, compared to its average volume of 30,338. The company has a market cap of $573.30 million, a PE ratio of 16.43 and a beta of 0.69. The firm has a 50-day moving average of $22.63 and a two-hundred day moving average of $22.58. RPAR Risk Parity ETF has a 12 month low of $19.60 and a 12 month high of $23.69.

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.