PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Sees Large Increase in Short Interest

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 15,208 shares, an increase of 77.5% from the January 15th total of 8,570 shares. Based on an average daily trading volume, of 12,227 shares, the short-interest ratio is currently 1.2 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 12,227 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On PMV Adaptive Risk Parity ETF

An institutional investor recently raised its position in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC lifted its holdings in PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 496,039 shares of the company’s stock after buying an additional 46,642 shares during the quarter. PMV Adaptive Risk Parity ETF accounts for 29.6% of PMV Capital Advisers LLC’s portfolio, making the stock its biggest holding. PMV Capital Advisers LLC owned 31.59% of PMV Adaptive Risk Parity ETF worth $15,257,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Stock Performance

PMV Adaptive Risk Parity ETF stock traded up $0.23 during trading hours on Friday, reaching $32.71. 4,564 shares of the stock were exchanged, compared to its average volume of 13,915. PMV Adaptive Risk Parity ETF has a 52-week low of $26.30 and a 52-week high of $34.00. The stock has a market cap of $59.53 million, a P/E ratio of -3.63 and a beta of 0.41. The firm’s 50 day moving average is $31.89 and its 200 day moving average is $30.97.

PMV Adaptive Risk Parity ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a dividend of $1.9744 per share. This represents a yield of 649.0%. The ex-dividend date of this dividend was Tuesday, December 30th. PMV Adaptive Risk Parity ETF’s dividend payout ratio is currently -15.89%.

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.