RPAR Risk Parity ETF (NYSEARCA:RPAR) Sees Large Growth in Short Interest

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 24,502 shares, a growth of 497.8% from the June 15th total of 4,099 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 37,475 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of RPAR Risk Parity ETF

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

RPAR Risk Parity ETF Trading Down 0.9%

RPAR stock traded down $0.19 during mid-day trading on Monday, reaching $21.84. The company’s stock had a trading volume of 18,608 shares, compared to its average volume of 30,337. RPAR Risk Parity ETF has a 12 month low of $19.60 and a 12 month high of $23.69. The business’s 50 day moving average price is $22.63 and its 200 day moving average price is $22.58. The company has a market cap of $573.30 million, a price-to-earnings ratio of 16.43 and a beta of 0.69.

RPAR Risk Parity ETF Company Profile

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.