UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 25,421 shares, a growth of 1,434.2% from the September 15th total of 1,657 shares. Based on an average trading volume of 6,659 shares, the short-interest ratio is currently 3.8 days. Approximately 0.7% of the company’s stock are short sold.
UPAR Ultra Risk Parity ETF Stock Up 0.9%
UPAR traded up $0.13 on Friday, reaching $15.06. The company’s stock had a trading volume of 2,899 shares, compared to its average volume of 9,258. The stock has a 50 day moving average of $15.90 and a two-hundred day moving average of $16.23. The company has a market capitalization of $53.91 million, a price-to-earnings ratio of 15.89 and a beta of 0.98. UPAR Ultra Risk Parity ETF has a fifty-two week low of $14.77 and a fifty-two week high of $17.71.
UPAR Ultra Risk Parity ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were issued a $0.1089 dividend. This represents a $0.44 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, September 28th. This is a negative change from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.3290.
Hedge Funds Weigh In On UPAR Ultra Risk Parity ETF
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.
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