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 December. As of December 15th, there was short interest totaling 4,929 shares, an increase of 36.7% from the November 30th total of 3,606 shares. Based on an average daily trading volume, of 3,147 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 3,147 shares, the days-to-cover ratio is currently 1.6 days.

Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC grew its holdings in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 6.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 449,397 shares of the company’s stock after purchasing an additional 25,289 shares during the period. PMV Adaptive Risk Parity ETF comprises 28.5% of PMV Capital Advisers LLC’s holdings, making the stock its largest holding. PMV Capital Advisers LLC owned 30.36% of PMV Adaptive Risk Parity ETF worth $12,796,000 as of its most recent SEC filing. Institutional investors and hedge funds own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Trading Down 0.8%

Shares of ARP stock traded down $0.23 during trading hours on Wednesday, hitting $30.20. 965 shares of the company were exchanged, compared to its average volume of 6,681. The company has a market capitalization of $48.32 million, a PE ratio of -3.36 and a beta of 0.41. PMV Adaptive Risk Parity ETF has a 52 week low of $26.30 and a 52 week high of $32.94. The business has a 50 day moving average of $31.73 and a two-hundred day moving average of $30.26.

PMV Adaptive Risk Parity ETF Announces Dividend

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

PMV Adaptive Risk Parity ETF Company Profile

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.