UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) Short Interest Up 517.0% in July

UPAR Ultra Risk Parity ETF (NYSEARCA:UPAR) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 28,149 shares, a growth of 517.0% from the June 30th total of 4,562 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 14,221 shares, the short-interest ratio is presently 2.0 days.

UPAR Ultra Risk Parity ETF Stock Up 0.1%

UPAR Ultra Risk Parity ETF stock traded up $0.02 during trading hours on Friday, hitting $15.71. The stock had a trading volume of 1,354 shares, compared to its average volume of 8,799. The business’s 50 day simple moving average is $16.37 and its 200-day simple moving average is $16.53. UPAR Ultra Risk Parity ETF has a one year low of $13.88 and a one year high of $17.71. The stock has a market cap of $58.91 million, a price-to-earnings ratio of 15.89 and a beta of 0.96.

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.