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

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 10,353 shares, a decline of 51.2% from the July 30th total of 21,221 shares. Based on an average trading volume of 29,294 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

UPAR Ultra Risk Parity ETF Stock Down 1.1%

Shares of NYSEARCA:UPAR traded down $0.18 on Friday, reaching $16.46. 1,698 shares of the company’s stock were exchanged, compared to its average volume of 9,574. UPAR Ultra Risk Parity ETF has a fifty-two week low of $14.21 and a fifty-two week high of $17.71. The business’s 50-day moving average is $16.09 and its two-hundred day moving average is $16.51. The firm has a market capitalization of $61.73 million, a price-to-earnings ratio of 15.89 and a beta of 0.96.

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.