UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Update

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 32,363 shares, an increase of 212.6% from the August 15th total of 10,353 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 2,286 shares, the short-interest ratio is currently 14.2 days.

UPAR Ultra Risk Parity ETF Price Performance

NYSEARCA UPAR remained flat at $15.94 during trading hours on Friday. 3,917 shares of the company’s stock were exchanged, compared to its average volume of 9,754. The firm has a fifty day moving average price of $16.08 and a 200-day moving average price of $16.46. UPAR Ultra Risk Parity ETF has a 52 week low of $14.94 and a 52 week high of $17.71. The company has a market capitalization of $59.77 million, a PE ratio of 15.89 and a beta of 0.97.

UPAR Ultra Risk Parity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.329 dividend. The ex-dividend date was Monday, June 29th. This represents a $1.32 annualized dividend and a dividend yield of 8.3%. This is an increase from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.03.

About UPAR Ultra Risk Parity ETF

The UPAR Ultra Risk Parity ETF (UPAR) is an exchange-traded fund that is based on the Advanced Research Ultra Risk Parity index. The fund is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. UPAR was launched on Jan 3, 2022 and is managed by RPAR.