MRP SynthEquity ETF (NYSEARCA:SNTH) Sees Significant Increase in Short Interest

MRP SynthEquity ETF (NYSEARCA:SNTH) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 23,841 shares, a growth of 347.0% from the January 29th total of 5,333 shares. Based on an average trading volume of 57,530 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 57,530 shares, the days-to-cover ratio is presently 0.4 days.

MRP SynthEquity ETF Stock Performance

Shares of NYSEARCA:SNTH traded down $0.11 on Friday, hitting $27.65. The stock had a trading volume of 31,792 shares, compared to its average volume of 54,495. The firm’s 50 day moving average price is $27.93 and its 200-day moving average price is $29.47. MRP SynthEquity ETF has a twelve month low of $21.84 and a twelve month high of $33.33. The company has a market capitalization of $125.53 million, a price-to-earnings ratio of 24.92 and a beta of 1.13.

Institutional Trading of MRP SynthEquity ETF

Several hedge funds have recently modified their holdings of the company. Strategic Blueprint LLC acquired a new position in shares of MRP SynthEquity ETF in the 3rd quarter worth approximately $352,000. Kingswood Wealth Advisors LLC raised its position in MRP SynthEquity ETF by 69.4% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 83,567 shares of the company’s stock valued at $2,537,000 after purchasing an additional 34,232 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in MRP SynthEquity ETF in the fourth quarter worth $1,115,000.

About MRP SynthEquity ETF

The MRP SynthEquity ETF (SNTH) is an exchange-traded fund that mostly invests in large cap equity. STNH is actively managed, seeking long-term capital appreciation through SPX options (S&P 500 index) and US Treasuries. The fund is designed to provide a floor against market losses, approximately 15% of every one-year rolling period. SNTH was launched on Mar 10, 2025 and is issued by Measured Risk Portfolios.