Parametric Hedged Equity ETF (NYSEARCA:PHEQ – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 3,417 shares, a decline of 76.6% from the September 30th total of 14,580 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 23,580 shares, the short-interest ratio is currently 0.1 days.
Parametric Hedged Equity ETF Trading Down 0.3%
NYSEARCA:PHEQ traded down $0.09 on Thursday, reaching $35.72. The stock had a trading volume of 5,647 shares, compared to its average volume of 21,076. The company has a 50-day moving average of $35.44 and a 200 day moving average of $34.01. The stock has a market cap of $153.60 million, a P/E ratio of 25.95 and a beta of 0.50. Parametric Hedged Equity ETF has a 12-month low of $29.54 and a 12-month high of $40.19.
Parametric Hedged Equity ETF Company Profile
The Parametric Hedged Equity ETF (PHEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in individual US large-cap stocks while utilizing a laddered options strategy to mitigate losses. The option strategy caps the potential upside participation. PHEQ was launched on Oct 16, 2023 and is issued by Parametric.
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