Short Interest in RPAR Risk Parity ETF (NYSEARCA:RPAR) Declines By 54.9%

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,339 shares, a decrease of 54.9% from the April 30th total of 9,613 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 19,683 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD purchased a new position in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Price Performance

RPAR Risk Parity ETF stock remained flat at $22.92 during mid-day trading on Friday. The company had a trading volume of 22,751 shares, compared to its average volume of 31,660. The firm has a market cap of $605.09 million, a price-to-earnings ratio of 16.43 and a beta of 0.70. RPAR Risk Parity ETF has a 52 week low of $19.42 and a 52 week high of $23.69. The business has a 50-day moving average price of $22.62 and a two-hundred day moving average price of $22.35.

About RPAR Risk Parity ETF

The RPAR Risk Parity ETF (RPAR) is an exchange-traded fund that is based on the Advanced Research Risk Parity index. The fund is an actively managed fund-of-funds allocating to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. RPAR was launched on Dec 13, 2019 and is managed by RPAR.