PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Short Interest Down 45.0% in July

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 4,266 shares, a decline of 45.0% from the June 30th total of 7,755 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,093 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of PMV Adaptive Risk Parity ETF

An institutional investor recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC grew its position in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 11.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 596,088 shares of the company’s stock after acquiring an additional 61,364 shares during the quarter. PMV Adaptive Risk Parity ETF comprises approximately 31.6% of PMV Capital Advisers LLC’s holdings, making the stock its largest holding. PMV Capital Advisers LLC owned 30.41% of PMV Adaptive Risk Parity ETF worth $18,705,000 at the end of the most recent quarter. Institutional investors and hedge funds own 20.16% of the company’s stock.

PMV Adaptive Risk Parity ETF Price Performance

Shares of PMV Adaptive Risk Parity ETF stock traded up $0.18 during trading on Wednesday, reaching $32.43. 11,372 shares of the stock traded hands, compared to its average volume of 8,066. PMV Adaptive Risk Parity ETF has a 52-week low of $28.36 and a 52-week high of $34.00. The business has a fifty day simple moving average of $32.75 and a two-hundred day simple moving average of $32.46. The company has a market capitalization of $66.16 million, a price-to-earnings ratio of -3.60 and a beta of 0.47.

PMV Adaptive Risk Parity ETF Company Profile

The Pmv Adaptive Risk Parity ETF (ARP) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund-of-funds that allocates to a variety of asset classes: global equities, fixed-income securities, commodities, and currencies based on risk parity. ARP was launched on Dec 21, 2022 and is managed by PMV.