PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Down 45.0% in July

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,266 shares, a drop of 45.0% from the June 30th total of 7,755 shares. Based on an average daily trading volume, of 4,093 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

PMV Adaptive Risk Parity ETF Trading Up 1.6%

ARP traded up $0.51 on Thursday, hitting $32.65. 2,626 shares of the stock traded hands, compared to its average volume of 8,029. The business has a fifty day moving average price of $32.72 and a two-hundred day moving average price of $32.48. The firm has a market capitalization of $66.61 million, a PE ratio of -3.63 and a beta of 0.47. PMV Adaptive Risk Parity ETF has a 52 week low of $28.36 and a 52 week high of $34.00.

Institutional Inflows and Outflows

A hedge fund recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC increased its position in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 11.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 596,088 shares of the company’s stock after purchasing an additional 61,364 shares during the quarter. PMV Adaptive Risk Parity ETF makes up 31.6% of PMV Capital Advisers LLC’s portfolio, making the stock its largest holding. PMV Capital Advisers LLC owned approximately 30.41% of PMV Adaptive Risk Parity ETF worth $18,705,000 at the end of the most recent quarter. 20.16% of the stock is currently owned by institutional investors.

PMV Adaptive Risk Parity ETF Company Profile

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.