Short Interest in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Declines By 51.2%

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 10,353 shares, a decrease of 51.2% from the July 30th total of 21,221 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 29,294 shares, the short-interest ratio is currently 0.4 days.

UPAR Ultra Risk Parity ETF Stock Down 1.1%

NYSEARCA UPAR traded down $0.18 on Friday, hitting $16.46. The stock had a trading volume of 1,698 shares, compared to its average volume of 9,574. The company’s 50-day moving average is $16.09 and its two-hundred day moving average is $16.51. UPAR Ultra Risk Parity ETF has a one year low of $14.21 and a one year high of $17.71. The stock has a market cap of $61.73 million, a price-to-earnings ratio of 15.89 and a beta of 0.96.

UPAR Ultra Risk Parity ETF Company Profile

The UPAR Ultra Risk Parity ETF (UPAR) is an exchange-traded fund that is based on the Advanced Research Ultra Risk Parity index. The fund is actively managed to provide leveraged exposure to an index that allocates to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. UPAR was launched on Jan 3, 2022 and is managed by RPAR.