Short Interest in MRP SynthEquity ETF (NYSEARCA:SNTH) Decreases By 74.1%

MRP SynthEquity ETF (NYSEARCA:SNTH) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 26,013 shares, a decline of 74.1% from the July 30th total of 100,402 shares. Based on an average daily trading volume, of 46,980 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

MRP SynthEquity ETF Price Performance

Shares of NYSEARCA:SNTH traded up $0.24 during mid-day trading on Thursday, reaching $30.30. 43,691 shares of the company traded hands, compared to its average volume of 60,051. The company’s 50 day moving average price is $29.86 and its 200-day moving average price is $28.85. The firm has a market cap of $256.04 million, a PE ratio of 24.92 and a beta of 1.14. MRP SynthEquity ETF has a 52 week low of $25.75 and a 52 week high of $34.95.

Hedge Funds Weigh In On MRP SynthEquity ETF

A hedge fund recently raised its stake in MRP SynthEquity ETF stock. Strategic Blueprint LLC lifted its position in MRP SynthEquity ETF (NYSEARCA:SNTH) by 196.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,321 shares of the company’s stock after purchasing an additional 22,728 shares during the period. Strategic Blueprint LLC owned about 0.76% of MRP SynthEquity ETF worth $950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About MRP SynthEquity ETF

The MRP SynthEquity ETF (SNTH) is an exchange-traded fund that mostly invests in large cap equity. STNH is actively managed, seeking long-term capital appreciation through SPX options (S&P 500 index) and US Treasuries. The fund is designed to provide a floor against market losses, approximately 15% of every one-year rolling period. SNTH was launched on Mar 10, 2025 and is issued by Measured Risk Portfolios.