PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Update

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,929 shares, a growth of 36.7% from the November 30th total of 3,606 shares. Based on an average daily volume of 3,147 shares, the short-interest ratio is presently 1.6 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 3,147 shares, the short-interest ratio is presently 1.6 days.

PMV Adaptive Risk Parity ETF Stock Down 6.0%

Shares of NYSEARCA:ARP traded down $1.93 during trading on Tuesday, reaching $30.43. The stock had a trading volume of 2,790 shares, compared to its average volume of 6,704. The stock has a market cap of $48.69 million, a P/E ratio of -3.38 and a beta of 0.41. The business has a fifty day moving average price of $31.74 and a 200-day moving average price of $30.25. PMV Adaptive Risk Parity ETF has a fifty-two week low of $26.30 and a fifty-two week high of $32.94.

PMV Adaptive Risk Parity ETF Announces Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th will be issued a dividend of $1.9744 per share. The ex-dividend date is Tuesday, December 30th. This represents a dividend yield of 649.0%. PMV Adaptive Risk Parity ETF’s dividend payout ratio (DPR) is -15.89%.

Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC raised its holdings in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 496,039 shares of the company’s stock after buying an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF makes up approximately 29.6% of PMV Capital Advisers LLC’s holdings, making the stock its largest holding. PMV Capital Advisers LLC owned 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 20.16% of the company’s stock.

About PMV Adaptive Risk Parity ETF

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.