UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Update

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 10,353 shares, a drop of 51.2% from the July 30th total of 21,221 shares. Based on an average trading volume of 29,294 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

UPAR Ultra Risk Parity ETF Stock Performance

UPAR traded down $0.18 during mid-day trading on Friday, reaching $16.46. 1,698 shares of the stock were exchanged, compared to its average volume of 9,574. UPAR Ultra Risk Parity ETF has a 1 year low of $14.21 and a 1 year high of $17.71. The stock has a market capitalization of $61.73 million, a PE ratio of 15.89 and a beta of 0.96. The company has a 50 day moving average price of $16.09 and a two-hundred day moving average price of $16.51.

UPAR Ultra Risk Parity ETF Company Profile

The UPAR Ultra Risk Parity ETF (UPAR) is an exchange-traded fund that is based on the Advanced Research Ultra Risk Parity index. The fund is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. UPAR was launched on Jan 3, 2022 and is managed by RPAR.