MRP SynthEquity ETF (NYSEARCA:SNTH) Sees Large Drop in Short Interest

MRP SynthEquity ETF (NYSEARCA:SNTH) was the target of a significant 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. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 46,980 shares, the short-interest ratio is presently 0.6 days.

MRP SynthEquity ETF Trading Down 0.5%

SNTH traded down $0.14 on Friday, hitting $30.16. 33,747 shares of the company were exchanged, compared to its average volume of 59,891. MRP SynthEquity ETF has a twelve month low of $25.75 and a twelve month high of $34.95. The company has a market cap of $254.85 million, a price-to-earnings ratio of 24.92 and a beta of 1.14. The firm has a 50-day moving average price of $29.87 and a two-hundred day moving average price of $28.87.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in MRP SynthEquity ETF stock. Strategic Blueprint LLC raised its stake in MRP SynthEquity ETF (NYSEARCA:SNTH) by 196.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,321 shares of the company’s stock after purchasing an additional 22,728 shares during the period. Strategic Blueprint LLC owned 0.76% of MRP SynthEquity ETF worth $950,000 as of its most recent SEC filing.

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.