MRP SynthEquity ETF (NYSEARCA:SNTH) Sees Significant Drop in Short Interest

MRP SynthEquity ETF (NYSEARCA:SNTHGet Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 16,935 shares, a decline of 34.6% from the November 30th total of 25,888 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,536 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 43,536 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the shares of the stock are sold short.

MRP SynthEquity ETF Stock Down 0.5%

Shares of NYSEARCA:SNTH traded down $0.13 during trading on Monday, hitting $27.91. 28,715 shares of the company were exchanged, compared to its average volume of 39,941. MRP SynthEquity ETF has a 1-year low of $21.84 and a 1-year high of $33.33. The company has a market capitalization of $105.22 million, a P/E ratio of 24.92 and a beta of 1.13. The business’s 50 day moving average is $30.72 and its 200-day moving average is $29.48.

Institutional Trading of MRP SynthEquity ETF

A number of hedge funds have recently made changes to their positions in the company. Kingswood Wealth Advisors LLC increased its stake in shares of MRP SynthEquity ETF by 69.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 83,567 shares of the company’s stock valued at $2,537,000 after buying an additional 34,232 shares during the period. Strategic Blueprint LLC bought a new stake in MRP SynthEquity ETF during the 3rd quarter worth approximately $352,000. Finally, IFP Advisors Inc grew its holdings in MRP SynthEquity ETF by 3.7% during the 2nd quarter. IFP Advisors Inc now owns 123,550 shares of the company’s stock worth $3,416,000 after acquiring an additional 4,404 shares during the last quarter.

About MRP SynthEquity ETF

(Get Free Report)

The MRP SynthEquity ETF (SNTH) is an exchange-traded fund that mostly invests in large cap equity. STNH is actively managed, seeking long-term capital appreciation through SPX options (S&P 500 index) and US Treasuries. The fund is designed to provide a floor against market losses, approximately 15% of every one-year rolling period. SNTH was launched on Mar 10, 2025 and is issued by Measured Risk Portfolios.

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