PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Sees Significant Increase in Short Interest

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 8,570 shares, a growth of 872.8% from the December 31st total of 881 shares. Based on an average daily volume of 21,655 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 21,655 shares, the days-to-cover ratio is currently 0.4 days.

PMV Adaptive Risk Parity ETF Trading Up 1.1%

ARP stock traded up $0.37 during trading hours on Wednesday, hitting $33.30. 9,498 shares of the stock were exchanged, compared to its average volume of 17,249. PMV Adaptive Risk Parity ETF has a 12 month low of $26.30 and a 12 month high of $33.30. The company has a 50-day simple moving average of $31.64 and a two-hundred day simple moving average of $30.66. The firm has a market capitalization of $60.61 million, a P/E ratio of -3.70 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 issued 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 Investors 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 holdings in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 496,039 shares of the company’s stock after acquiring an additional 46,642 shares during the period. PMV Adaptive Risk Parity ETF comprises 29.6% of PMV Capital Advisers LLC’s holdings, making the stock its biggest holding. PMV Capital Advisers LLC owned approximately 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent SEC filing. Institutional investors own 20.16% of the company’s stock.

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.