RPAR Risk Parity ETF (NYSEARCA:RPAR) Short Interest Down 54.9% in May

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,339 shares, a decrease of 54.9% from the April 30th total of 9,613 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 19,683 shares, the days-to-cover ratio is currently 0.2 days.

RPAR Risk Parity ETF Trading Up 0.8%

Shares of RPAR traded up $0.19 during trading hours on Tuesday, reaching $23.16. The company had a trading volume of 17,794 shares, compared to its average volume of 31,257. The firm has a 50 day simple moving average of $22.63 and a 200-day simple moving average of $22.37. The company has a market capitalization of $611.42 million, a price-to-earnings ratio of 16.43 and a beta of 0.70. RPAR Risk Parity ETF has a 12-month low of $19.45 and a 12-month high of $23.69.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

About RPAR Risk Parity ETF

The RPAR Risk Parity ETF (RPAR) is an exchange-traded fund that is based on the Advanced Research Risk Parity index. The fund is an actively managed fund-of-funds allocating to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. RPAR was launched on Dec 13, 2019 and is managed by RPAR.