UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Shares Shorted: Short Interest Down 94.9% in September

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) 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 volume of 11,771 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

UPAR Ultra Risk Parity ETF Trading Up 0.3%

Shares of UPAR traded up $0.04 during trading hours on Friday, reaching $15.44. The company had a trading volume of 4,654 shares, compared to its average volume of 9,501. UPAR Ultra Risk Parity ETF has a 12-month low of $14.98 and a 12-month high of $17.71. The firm has a 50 day simple moving average of $16.05 and a 200-day simple moving average of $16.35. The company has a market capitalization of $55.28 million, a price-to-earnings ratio of 15.89 and a beta of 0.97.

UPAR Ultra Risk Parity ETF Company Profile

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.