Parametric Equity Plus ETF (NASDAQ:PEPS) Sees Significant Drop in Short Interest

Parametric Equity Plus ETF (NASDAQ:PEPS) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 763 shares, a decline of 92.2% from the June 15th total of 9,755 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 806 shares, the days-to-cover ratio is presently 0.9 days.

Parametric Equity Plus ETF Stock Performance

Parametric Equity Plus ETF stock traded up $0.12 during trading hours on Friday, reaching $32.54. 160 shares of the stock were exchanged, compared to its average volume of 516. Parametric Equity Plus ETF has a 52-week low of $26.03 and a 52-week high of $32.63. The stock has a market cap of $29.29 million, a P/E ratio of 25.52 and a beta of 1.02. The firm’s 50 day moving average is $31.75 and its 200 day moving average is $30.19.

Parametric Equity Plus ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.0769 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, June 22nd.

Parametric Equity Plus ETF Company Profile

The Parametric Equity Plus ETF (PEPS) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively investing in a US large-cap equity portfolio while generating incremental total return via beta-neutral call options overwriting. PEPS was launched on Nov 7, 2024 and is issued by Parametric.