PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Update

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 881 shares, a decline of 82.1% from the December 15th total of 4,929 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 5,386 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 5,386 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

PMV Adaptive Risk Parity ETF Trading Up 0.8%

Shares of NYSEARCA:ARP traded up $0.25 during trading on Monday, reaching $31.28. 12,342 shares of the company traded hands, compared to its average volume of 24,492. PMV Adaptive Risk Parity ETF has a 52-week low of $26.30 and a 52-week high of $32.94. The firm has a market capitalization of $52.24 million, a price-to-earnings ratio of -3.48 and a beta of 0.41. The business’s fifty day moving average is $31.59 and its 200-day moving average is $30.39.

PMV Adaptive Risk Parity ETF Dividend Announcement

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

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 raised its position in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 496,039 shares of the company’s stock after acquiring an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF makes up approximately 29.6% of PMV Capital Advisers LLC’s holdings, making the stock its largest position. PMV Capital Advisers LLC owned 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 at the end of the most recent reporting period. 20.16% of the stock is currently 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.