PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Sees Significant Increase in Short Interest

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 8,570 shares, an increase of 872.8% from the December 31st total of 881 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 21,655 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 21,655 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the company’s shares are short sold.

PMV Adaptive Risk Parity ETF Price Performance

NYSEARCA:ARP traded up $0.24 during mid-day trading on Thursday, reaching $33.54. 7,328 shares of the company’s stock traded hands, compared to its average volume of 16,759. The company has a 50 day moving average price of $31.69 and a 200-day moving average price of $30.67. The firm has a market capitalization of $61.04 million, a price-to-earnings ratio of -3.73 and a beta of 0.41. PMV Adaptive Risk Parity ETF has a 12-month low of $26.30 and a 12-month high of $33.73.

PMV Adaptive Risk Parity ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $1.9744 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 649.0%. PMV Adaptive Risk Parity ETF’s payout ratio is -15.89%.

Institutional Investors Weigh In On PMV Adaptive Risk Parity ETF

An institutional investor recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC grew its stake in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 496,039 shares of the company’s stock after acquiring an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF comprises about 29.6% of PMV Capital Advisers LLC’s investment portfolio, making the stock its biggest holding. PMV Capital Advisers LLC owned 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent filing with the Securities & Exchange Commission. 20.16% of the stock is currently owned by institutional investors.

About PMV Adaptive Risk Parity ETF

The Pmv Adaptive Risk Parity ETF (ARP) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund-of-funds that allocates to a variety of asset classes: global equities, fixed-income securities, commodities, and currencies based on risk parity. ARP was launched on Dec 21, 2022 and is managed by PMV.