Parametric Equity Plus ETF (NASDAQ:PEPS) Sees Large Decrease in Short Interest

Parametric Equity Plus ETF (NASDAQ:PEPS) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 167 shares, a decrease of 46.1% from the September 30th total of 310 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 268 shares, the days-to-cover ratio is presently 0.6 days.

Parametric Equity Plus ETF Stock Down 2.5%

Shares of NASDAQ:PEPS traded down $0.83 during midday trading on Friday, reaching $32.50. The company’s stock had a trading volume of 530 shares, compared to its average volume of 445. Parametric Equity Plus ETF has a 12-month low of $27.14 and a 12-month high of $33.75. The firm has a 50 day moving average of $33.04 and a 200-day moving average of $31.26. The firm has a market capitalization of $29.25 million, a P/E ratio of 25.52 and a beta of 1.01.

Parametric Equity Plus ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0855 dividend. This represents a $0.34 annualized dividend and a yield of 1.1%. This is a positive change from Parametric Equity Plus ETF’s previous quarterly dividend of $0.0769. The ex-dividend date of this dividend was Monday, September 21st.

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.