MRP SynthEquity ETF (NYSEARCA:SNTH) Stock Short Interest Drops 41.8%

MRP SynthEquity ETF (NYSEARCA:SNTH) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 12,398 shares, a decline of 41.8% from the September 30th total of 21,310 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 58,010 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of MRP SynthEquity ETF

Institutional investors have recently bought and sold shares of the company. Kingswood Wealth Advisors LLC raised its position in shares of MRP SynthEquity ETF by 4.4% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 241,087 shares of the company’s stock worth $7,112,000 after acquiring an additional 10,089 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of MRP SynthEquity ETF by 4.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 137,035 shares of the company’s stock valued at $4,043,000 after purchasing an additional 6,126 shares in the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in shares of MRP SynthEquity ETF during the 1st quarter valued at about $645,000.

MRP SynthEquity ETF Stock Performance

Shares of NYSEARCA:SNTH traded down $0.01 during trading on Monday, reaching $29.11. The stock had a trading volume of 44,342 shares, compared to its average volume of 58,556. The firm’s fifty day moving average is $29.76 and its 200 day moving average is $28.98. MRP SynthEquity ETF has a 52 week low of $25.75 and a 52 week high of $34.95. The stock has a market cap of $252.92 million, a price-to-earnings ratio of 24.92 and a beta of 1.14.

MRP SynthEquity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.1714 dividend. The ex-dividend date was Tuesday, September 29th. This is a positive change from MRP SynthEquity ETF’s previous quarterly dividend of $0.1252. This represents a $0.69 annualized dividend and a yield of 2.4%.

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.