Short Interest in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Increases By 36.7%
by Michael Walen · The Markets DailyPMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,929 shares, a growth of 36.7% from the November 30th total of 3,606 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 3,147 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 3,147 shares, the short-interest ratio is currently 1.6 days. Approximately 0.3% of the company’s stock are short sold.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC raised its stake in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP – Free Report) by 6.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 449,397 shares of the company’s stock after purchasing an additional 25,289 shares during the period. PMV Adaptive Risk Parity ETF accounts for approximately 28.5% of PMV Capital Advisers LLC’s holdings, making the stock its biggest holding. PMV Capital Advisers LLC owned 30.36% of PMV Adaptive Risk Parity ETF worth $12,796,000 at the end of the most recent reporting period. 20.16% of the stock is owned by institutional investors.
PMV Adaptive Risk Parity ETF Trading Down 6.0%
NYSEARCA ARP traded down $1.93 during mid-day trading on Tuesday, reaching $30.43. 2,790 shares of the company’s stock traded hands, compared to its average volume of 6,704. PMV Adaptive Risk Parity ETF has a 1-year low of $26.30 and a 1-year high of $32.94. The company has a fifty day simple moving average of $31.74 and a 200-day simple moving average of $30.25. The company has a market cap of $48.69 million, a price-to-earnings ratio of -3.38 and a beta of 0.41.
PMV Adaptive Risk Parity ETF Dividend Announcement
The business also recently declared an annual dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th will be paid a $1.9744 dividend. This represents a dividend yield of 649.0%. The ex-dividend date is Tuesday, December 30th. PMV Adaptive Risk Parity ETF’s payout ratio is -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.