UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Sees Significant Growth in Short Interest

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 28,149 shares, an increase of 517.0% from the June 30th total of 4,562 shares. Based on an average daily volume of 14,221 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.8% of the shares of the company are sold short.

UPAR Ultra Risk Parity ETF Stock Performance

NYSEARCA UPAR opened at $15.71 on Monday. UPAR Ultra Risk Parity ETF has a twelve month low of $13.88 and a twelve month high of $17.71. The stock has a market cap of $58.91 million, a PE ratio of 15.89 and a beta of 0.96. The firm has a 50-day simple moving average of $16.37 and a 200 day simple moving average of $16.53.

About UPAR Ultra Risk Parity ETF

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.