Short Interest in UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Declines By 56.8%

UPAR Ultra Risk Parity ETF (NYSEARCA:UPARGet Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 7,182 shares, a decline of 56.8% from the April 15th total of 16,643 shares. Based on an average daily trading volume, of 5,178 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the company’s stock are short sold.

UPAR Ultra Risk Parity ETF Price Performance

NYSEARCA:UPAR traded down $0.39 on Friday, hitting $16.50. 3,911 shares of the company’s stock were exchanged, compared to its average volume of 5,329. The firm has a 50-day moving average price of $16.59 and a 200-day moving average price of $16.21. UPAR Ultra Risk Parity ETF has a 52 week low of $13.37 and a 52 week high of $17.71. The company has a market cap of $68.48 million, a P/E ratio of 15.89 and a beta of 0.97.

About UPAR Ultra Risk Parity ETF

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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.

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