UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Stock Short Interest Report for October

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 471 shares, a drop of 98.9% from the October 15th total of 41,879 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 7,110 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in UPAR Ultra Risk Parity ETF stock. Farther Finance Advisors LLC increased its stake in shares of UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) by 42.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,484 shares of the company’s stock after purchasing an additional 3,420 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.32% of UPAR Ultra Risk Parity ETF worth $171,000 as of its most recent SEC filing.

UPAR Ultra Risk Parity ETF Stock Performance

NYSEARCA:UPAR traded down $0.32 during trading hours on Tuesday, reaching $15.05. The company’s stock had a trading volume of 10,068 shares, compared to its average volume of 9,763. The stock has a 50 day moving average price of $15.46 and a two-hundred day moving average price of $16.25. The company has a market capitalization of $53.88 million, a P/E ratio of 15.89 and a beta of 0.97. UPAR Ultra Risk Parity ETF has a 12 month low of $14.77 and a 12 month high of $17.71.

UPAR Ultra Risk Parity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were issued a $0.1089 dividend. The ex-dividend date was Monday, September 28th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.9%. This is a drop from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.3290.

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.