MRP SynthEquity ETF (NYSEARCA:SNTH) Stock Short Interest Declines 41.8%

MRP SynthEquity ETF (NYSEARCA:SNTH) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 12,398 shares, a decline of 41.8% from the September 30th total of 21,310 shares. Based on an average daily volume of 58,010 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On MRP SynthEquity ETF

Several institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors acquired a new stake in shares of MRP SynthEquity ETF during the 1st quarter valued at about $645,000. Farther Finance Advisors LLC increased its holdings in MRP SynthEquity ETF by 4.7% in the third quarter. Farther Finance Advisors LLC now owns 137,035 shares of the company’s stock worth $4,043,000 after buying an additional 6,126 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC increased its holdings in MRP SynthEquity ETF by 4.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 241,087 shares of the company’s stock worth $7,112,000 after buying an additional 10,089 shares during the last quarter.

MRP SynthEquity ETF Stock Performance

Shares of NYSEARCA SNTH traded down $0.43 during mid-day trading on Friday, reaching $29.12. The company had a trading volume of 47,630 shares, compared to its average volume of 58,773. The stock has a market capitalization of $253.05 million, a PE ratio of 24.92 and a beta of 1.14. MRP SynthEquity ETF has a twelve month low of $25.75 and a twelve month high of $34.95. The stock’s 50 day moving average is $29.76 and its 200-day moving average is $28.98.

MRP SynthEquity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.1714 per share. This is a boost from MRP SynthEquity ETF’s previous quarterly dividend of $0.1252. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.4%.

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.