RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Growth in Short Interest

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 24,502 shares, a growth of 497.8% from the June 15th total of 4,099 shares. Based on an average daily volume of 37,475 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the company’s stock are sold short.

RPAR Risk Parity ETF Stock Up 0.2%

Shares of RPAR traded up $0.04 during trading on Friday, reaching $22.03. The company’s stock had a trading volume of 7,622 shares, compared to its average volume of 30,429. The company has a fifty day moving average of $22.63 and a two-hundred day moving average of $22.57. RPAR Risk Parity ETF has a twelve month low of $19.60 and a twelve month high of $23.69. The company has a market cap of $578.29 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

Institutional Trading of RPAR Risk Parity ETF

A hedge fund recently bought a new stake in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in shares of RPAR Risk Parity ETF (NYSEARCA:RPAR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Company Profile

The RPAR Risk Parity ETF (RPAR) is an exchange-traded fund that is based on the Advanced Research Risk Parity index. The fund is an actively managed fund-of-funds allocating to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. RPAR was launched on Dec 13, 2019 and is managed by RPAR.