PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Sees Significant Increase in Short Interest

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 8,570 shares, an increase of 872.8% from the December 31st total of 881 shares. Based on an average daily trading volume, of 21,655 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,655 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC boosted its position in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 496,039 shares of the company’s stock after buying an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF makes up about 29.6% of PMV Capital Advisers LLC’s holdings, making the stock its biggest holding. PMV Capital Advisers LLC owned about 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 at the end of the most recent reporting period. Institutional investors own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Trading Up 1.1%

Shares of ARP traded up $0.37 during midday trading on Wednesday, reaching $33.30. The stock had a trading volume of 9,498 shares, compared to its average volume of 17,249. The company has a market capitalization of $60.61 million, a price-to-earnings ratio of -3.70 and a beta of 0.41. The company’s 50-day moving average is $31.64 and its 200 day moving average is $30.66. PMV Adaptive Risk Parity ETF has a 12-month low of $26.30 and a 12-month high of $33.30.

PMV Adaptive Risk Parity ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a dividend of $1.9744 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 649.0%. PMV Adaptive Risk Parity ETF’s dividend payout ratio (DPR) is -15.89%.

About PMV Adaptive Risk Parity ETF

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.