UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Update

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 32,363 shares, a growth of 212.6% from the August 15th total of 10,353 shares. Based on an average trading volume of 2,286 shares, the short-interest ratio is presently 14.2 days. Currently, 0.9% of the company’s shares are short sold.

UPAR Ultra Risk Parity ETF Price Performance

Shares of UPAR traded down $0.03 during midday trading on Monday, hitting $15.91. The stock had a trading volume of 1,189 shares, compared to its average volume of 9,703. UPAR Ultra Risk Parity ETF has a 1 year low of $14.94 and a 1 year high of $17.71. The stock’s 50 day moving average is $16.08 and its 200 day moving average is $16.45. The firm has a market cap of $59.65 million, a PE ratio of 15.89 and a beta of 0.97.

UPAR Ultra Risk Parity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a dividend of $0.329 per share. This represents a $1.32 annualized dividend and a dividend yield of 8.3%. This is a boost from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, June 29th.

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.