PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Sees Large Growth in Short Interest

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 6,882 shares, an increase of 295.5% from the February 12th total of 1,740 shares. Based on an average daily volume of 9,668 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 9,668 shares, the days-to-cover ratio is presently 0.7 days.

PMV Adaptive Risk Parity ETF Trading Down 0.1%

Shares of NYSEARCA:ARP traded down $0.03 during trading on Wednesday, reaching $32.70. The company had a trading volume of 4,752 shares, compared to its average volume of 11,785. The stock has a market capitalization of $59.51 million, a P/E ratio of -3.63 and a beta of 0.41. PMV Adaptive Risk Parity ETF has a 12 month low of $26.30 and a 12 month high of $34.00. The company has a fifty day moving average of $32.17 and a two-hundred day moving average of $31.49.

PMV Adaptive Risk Parity ETF Announces Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC boosted its stake in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 496,039 shares of the company’s stock after purchasing an additional 46,642 shares during the period. PMV Adaptive Risk Parity ETF makes up approximately 29.6% of PMV Capital Advisers LLC’s portfolio, making the stock its biggest holding. PMV Capital Advisers LLC owned 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent filing with the SEC. Institutional investors own 20.16% of the company’s stock.

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.