UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Update

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 7,182 shares, a drop of 56.8% from the April 15th total of 16,643 shares. Based on an average daily volume of 5,178 shares, the short-interest ratio is currently 1.4 days. Currently, 0.2% of the company’s shares are sold short.

UPAR Ultra Risk Parity ETF Trading Down 2.3%

UPAR stock traded down $0.39 during mid-day trading on Friday, reaching $16.50. The company’s stock had a trading volume of 3,911 shares, compared to its average volume of 5,329. The company has a market cap of $68.48 million, a price-to-earnings ratio of 15.89 and a beta of 0.97. The business’s 50 day moving average price is $16.59 and its 200 day moving average price is $16.21. UPAR Ultra Risk Parity ETF has a 12 month low of $13.37 and a 12 month high of $17.71.

UPAR Ultra Risk Parity ETF Company Profile

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.