UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Down 51.2% in August

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) saw a significant drop in short interest in the month of 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. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 29,294 shares, the short-interest ratio is presently 0.4 days.

UPAR Ultra Risk Parity ETF Price Performance

Shares of NYSEARCA UPAR traded down $0.11 during midday trading on Monday, reaching $16.35. 1,856 shares of the company traded hands, compared to its average volume of 9,527. UPAR Ultra Risk Parity ETF has a 52 week low of $14.21 and a 52 week high of $17.71. The stock has a 50-day moving average price of $16.08 and a 200 day moving average price of $16.50. The company has a market cap of $61.31 million, a price-to-earnings ratio of 15.89 and a beta of 0.96.

About UPAR Ultra Risk Parity ETF

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.