UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Stock Short Interest Report for October

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 471 shares, a drop of 98.9% from the October 15th total of 41,879 shares. Based on an average daily trading volume, of 7,110 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

UPAR Ultra Risk Parity ETF Stock Up 0.5%

UPAR stock traded up $0.07 during trading on Wednesday, hitting $15.12. The company had a trading volume of 1,175 shares, compared to its average volume of 9,723. The firm has a market cap of $54.13 million, a PE ratio of 15.89 and a beta of 0.97. UPAR Ultra Risk Parity ETF has a 1-year low of $14.77 and a 1-year high of $17.71. The firm has a 50-day moving average price of $15.46 and a 200-day moving average price of $16.25.

UPAR Ultra Risk Parity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were paid a dividend of $0.1089 per share. This is a drop from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.3290. The ex-dividend date of this dividend was Monday, September 28th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Inflows and Outflows

A hedge fund recently raised its position in UPAR Ultra Risk Parity ETF stock. Farther Finance Advisors LLC increased its holdings in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) by 42.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,484 shares of the company’s stock after buying an additional 3,420 shares during the period. Farther Finance Advisors LLC owned about 0.32% of UPAR Ultra Risk Parity ETF worth $171,000 as of its most recent SEC filing.

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.