MRP SynthEquity ETF (NYSEARCA:SNTH) Stock Short Interest Declines 41.8%

MRP SynthEquity ETF (NYSEARCA:SNTH) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 12,398 shares, a decrease of 41.8% from the September 30th total of 21,310 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 58,010 shares, the short-interest ratio is currently 0.2 days.

MRP SynthEquity ETF Stock Down 1.5%

Shares of SNTH traded down $0.43 during mid-day trading on Friday, reaching $29.12. The company’s stock had a trading volume of 47,630 shares, compared to its average volume of 58,773. The company has a market cap of $253.05 million, a price-to-earnings ratio of 24.92 and a beta of 1.14. The business has a fifty day moving average of $29.76 and a 200 day moving average of $28.98. MRP SynthEquity ETF has a 1 year low of $25.75 and a 1 year high of $34.95.

MRP SynthEquity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a dividend of $0.1714 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This is a positive change from MRP SynthEquity ETF’s previous quarterly dividend of $0.1252. This represents a $0.69 annualized dividend and a yield of 2.4%.

Institutional Investors Weigh In On MRP SynthEquity ETF

A number of institutional investors have recently bought and sold shares of SNTH. Arkadios Wealth Advisors purchased a new position in MRP SynthEquity ETF during the 1st quarter valued at about $645,000. Farther Finance Advisors LLC lifted its position in shares of MRP SynthEquity ETF by 4.7% in the third quarter. Farther Finance Advisors LLC now owns 137,035 shares of the company’s stock worth $4,043,000 after purchasing an additional 6,126 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its position in shares of MRP SynthEquity ETF by 4.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 241,087 shares of the company’s stock worth $7,112,000 after purchasing an additional 10,089 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.