Short Interest in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Increases By 500.0%

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,800 shares, a growth of 500.0% from the August 31st total of 300 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF

An institutional investor recently bought a new position in PMV Adaptive Risk Parity ETF stock. Sound Income Strategies LLC acquired a new position in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,536 shares of the company’s stock, valued at approximately $153,000. Sound Income Strategies LLC owned about 0.40% of PMV Adaptive Risk Parity ETF at the end of the most recent quarter. Hedge funds and other institutional investors own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Price Performance

NYSEARCA ARP opened at $30.94 on Friday. The company has a 50 day simple moving average of $29.52 and a 200-day simple moving average of $28.47. The firm has a market capitalization of $46.72 million, a price-to-earnings ratio of -3.44 and a beta of 0.22. PMV Adaptive Risk Parity ETF has a 52-week low of $26.30 and a 52-week high of $31.02.

PMV Adaptive Risk Parity ETF Company Profile

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.