Parametric Equity Premium Income ETF (NYSEARCA:PAPI – Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 18,761 shares, a decrease of 57.5% from the September 30th total of 44,127 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 101,647 shares, the short-interest ratio is presently 0.2 days.
Parametric Equity Premium Income ETF Price Performance
Shares of PAPI remained flat at $28.26 during trading hours on Friday. The stock had a trading volume of 112,196 shares, compared to its average volume of 80,615. The stock has a 50 day moving average price of $27.43 and a 200-day moving average price of $27.28. Parametric Equity Premium Income ETF has a one year low of $25.00 and a one year high of $28.53. The company has a market cap of $539.77 million, a PE ratio of 15.71 and a beta of 0.24.
Parametric Equity Premium Income ETF Company Profile
The Parametric Equity Premium Income ETF (PAPI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation. PAPI was launched on Oct 16, 2023 and is issued by Parametric.
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