Short Interest in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Increases By 303.7%

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 4,562 shares, an increase of 303.7% from the June 15th total of 1,130 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,759 shares, the days-to-cover ratio is currently 1.7 days.

UPAR Ultra Risk Parity ETF Price Performance

UPAR remained flat at $15.77 during trading on Tuesday. The company’s stock had a trading volume of 2,853 shares, compared to its average volume of 9,184. UPAR Ultra Risk Parity ETF has a 12-month low of $13.70 and a 12-month high of $17.71. The business’s fifty day simple moving average is $16.56 and its two-hundred day simple moving average is $16.52. The stock has a market capitalization of $59.14 million, a price-to-earnings ratio of 15.89 and a beta of 0.96.

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.