PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Down 88.6% in February

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,740 shares, a decrease of 88.6% from the January 29th total of 15,208 shares. Based on an average daily volume of 8,032 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 8,032 shares, the days-to-cover ratio is presently 0.2 days.

PMV Adaptive Risk Parity ETF Stock Up 0.6%

ARP stock traded up $0.21 during trading on Wednesday, hitting $33.64. The company had a trading volume of 4,549 shares, compared to its average volume of 13,501. The firm has a 50-day moving average price of $32.06 and a 200-day moving average price of $31.23. PMV Adaptive Risk Parity ETF has a 12 month low of $26.30 and a 12 month high of $34.00. The stock has a market cap of $61.22 million, a price-to-earnings ratio of -3.74 and a beta of 0.41.

PMV Adaptive Risk Parity ETF Dividend Announcement

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

Institutional Trading of PMV Adaptive Risk Parity ETF

An institutional investor recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC grew its stake in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 496,039 shares of the company’s stock after acquiring an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF accounts for 29.6% of PMV Capital Advisers LLC’s holdings, making the stock its biggest position. 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 Securities and Exchange Commission (SEC). 20.16% of the stock is owned by hedge funds and other institutional investors.

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.