Parametric Equity Plus ETF (NASDAQ:PEPS) Sees Large Decline in Short Interest

Parametric Equity Plus ETF (NASDAQ:PEPS) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 167 shares, a decrease of 46.1% from the September 30th total of 310 shares. Based on an average daily trading volume, of 268 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Parametric Equity Plus ETF Stock Performance

Shares of PEPS traded down $0.83 on Friday, hitting $32.50. 530 shares of the stock traded hands, compared to its average volume of 445. The company has a market capitalization of $29.25 million, a PE ratio of 25.52 and a beta of 1.01. The business has a 50 day simple moving average of $33.04 and a 200 day simple moving average of $31.26. Parametric Equity Plus ETF has a one year low of $27.14 and a one year high of $33.75.

Parametric Equity Plus ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.0855 per share. This represents a $0.34 annualized dividend and a dividend yield of 1.1%. This is a boost from Parametric Equity Plus ETF’s previous quarterly dividend of $0.0769. The ex-dividend date of this dividend was Monday, September 21st.

About Parametric Equity Plus ETF

The Parametric Equity Plus ETF (PEPS) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively investing in a US large-cap equity portfolio while generating incremental total return via beta-neutral call options overwriting. PEPS was launched on Nov 7, 2024 and is issued by Parametric.