Parametric Equity Premium Income ETF (NYSEARCA:PAPI) Short Interest Update

Parametric Equity Premium Income ETF (NYSEARCA:PAPI) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 13,849 shares, a decrease of 57.8% from the August 31st total of 32,844 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 78,014 shares, the short-interest ratio is currently 0.2 days.

Parametric Equity Premium Income ETF Trading Down 0.3%

Shares of PAPI traded down $0.07 on Monday, reaching $26.69. 93,371 shares of the company’s stock traded hands, compared to its average volume of 79,599. The stock’s 50 day simple moving average is $27.69 and its two-hundred day simple moving average is $27.17. The stock has a market cap of $477.75 million, a PE ratio of 15.71 and a beta of 0.21. Parametric Equity Premium Income ETF has a 52-week low of $25.00 and a 52-week high of $28.53.

About Parametric Equity Premium Income ETF

The Parametric Equity Premium Income ETF (PAPI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation. PAPI was launched on Oct 16, 2023 and is issued by Parametric.