Short Interest in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Grows By 77.5%

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 15,208 shares, a growth of 77.5% from the January 15th total of 8,570 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 12,227 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 12,227 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC lifted its position in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 496,039 shares of the company’s stock after purchasing an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF comprises 29.6% of PMV Capital Advisers LLC’s investment portfolio, making the stock its biggest holding. PMV Capital Advisers LLC owned approximately 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 at the end of the most recent reporting period. 20.16% of the stock is currently owned by institutional investors.

PMV Adaptive Risk Parity ETF Stock Performance

Shares of NYSEARCA ARP traded up $0.23 during midday trading on Friday, hitting $32.71. 4,564 shares of the company traded hands, compared to its average volume of 13,915. PMV Adaptive Risk Parity ETF has a 12-month low of $26.30 and a 12-month high of $34.00. The firm has a market cap of $59.53 million, a P/E ratio of -3.63 and a beta of 0.41. The stock has a 50-day moving average price of $31.89 and a 200 day moving average price of $30.97.

PMV Adaptive Risk Parity ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a dividend of $1.9744 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 649.0%. PMV Adaptive Risk Parity ETF’s dividend payout ratio is -15.89%.

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.