PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Update

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 881 shares, a drop of 82.1% from the December 15th total of 4,929 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,386 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 5,386 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC lifted its holdings in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 6.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 449,397 shares of the company’s stock after acquiring an additional 25,289 shares during the quarter. PMV Adaptive Risk Parity ETF accounts for 28.5% of PMV Capital Advisers LLC’s holdings, making the stock its biggest position. PMV Capital Advisers LLC owned approximately 30.36% of PMV Adaptive Risk Parity ETF worth $12,796,000 as of its most recent SEC filing. Institutional investors and hedge funds own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Price Performance

NYSEARCA:ARP traded up $0.10 during trading hours on Wednesday, hitting $31.31. 18,188 shares of the company were exchanged, compared to its average volume of 21,932. PMV Adaptive Risk Parity ETF has a 52-week low of $26.30 and a 52-week high of $32.94. The stock has a market capitalization of $53.85 million, a price-to-earnings ratio of -3.48 and a beta of 0.41. The company’s 50 day moving average price is $31.58 and its 200-day moving average price is $30.43.

PMV Adaptive Risk Parity ETF Announces Dividend

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

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.