Short Interest in MRP SynthEquity ETF (NYSEARCA:SNTH) Drops By 72.7%

MRP SynthEquity ETF (NYSEARCA:SNTH) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,689 shares, a drop of 72.7% from the February 26th total of 9,840 shares. Based on an average trading volume of 31,438 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 31,438 shares, the days-to-cover ratio is currently 0.1 days.

MRP SynthEquity ETF Trading Up 0.5%

SNTH stock traded up $0.14 during trading on Wednesday, reaching $26.62. 10,158 shares of the stock were exchanged, compared to its average volume of 45,450. The business has a 50 day moving average price of $27.57 and a 200-day moving average price of $29.27. The firm has a market capitalization of $120.85 million, a price-to-earnings ratio of 24.92 and a beta of 1.13. MRP SynthEquity ETF has a 1 year low of $21.84 and a 1 year high of $33.33.

Institutional Investors Weigh In On MRP SynthEquity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SNTH. Kingswood Wealth Advisors LLC boosted its position in shares of MRP SynthEquity ETF by 99.1% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 166,415 shares of the company’s stock worth $4,608,000 after purchasing an additional 82,848 shares during the period. Farther Finance Advisors LLC purchased a new stake in MRP SynthEquity ETF in the fourth quarter valued at approximately $1,115,000. Finally, Strategic Blueprint LLC lifted its stake in MRP SynthEquity ETF by 196.0% during the fourth quarter. Strategic Blueprint LLC now owns 34,321 shares of the company’s stock worth $950,000 after purchasing an additional 22,728 shares in the last quarter.

About MRP SynthEquity ETF

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.