UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Sees Significant Decrease in Short Interest

by · The Markets Daily

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,657 shares, a decrease of 94.9% from the August 31st total of 32,363 shares. Based on an average daily trading volume, of 11,771 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

UPAR Ultra Risk Parity ETF Stock Performance

UPAR Ultra Risk Parity ETF stock traded down $0.30 during mid-day trading on Thursday, reaching $15.40. The stock had a trading volume of 133 shares, compared to its average volume of 9,528. UPAR Ultra Risk Parity ETF has a fifty-two week low of $14.98 and a fifty-two week high of $17.71. The stock’s 50-day simple moving average is $16.06 and its 200-day simple moving average is $16.35. The firm has a market capitalization of $55.13 million, a PE ratio of 15.89 and a beta of 0.97.

UPAR Ultra Risk Parity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a $0.3290 dividend. The ex-dividend date was Monday, June 29th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.5%. This is an increase from UPAR Ultra Risk Parity ETF’s previous quarterly dividend of $0.0283.

About UPAR Ultra Risk Parity ETF

(Get Free Report)

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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