Short Interest in RPAR Risk Parity ETF (NYSEARCA:RPAR) Declines By 80.9%

RPAR Risk Parity ETF (NYSEARCA:RPAR) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 9,613 shares, a decrease of 80.9% from the April 15th total of 50,443 shares. Based on an average trading volume of 30,402 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

RPAR Risk Parity ETF Stock Performance

Shares of RPAR traded up $0.02 during mid-day trading on Thursday, hitting $22.98. The company’s stock had a trading volume of 4,082 shares, compared to its average volume of 32,859. RPAR Risk Parity ETF has a one year low of $19.12 and a one year high of $23.69. The firm has a market capitalization of $606.67 million, a PE ratio of 16.43 and a beta of 0.70. The stock’s 50-day moving average is $22.63 and its two-hundred day moving average is $22.27.

Institutional Investors Weigh In On RPAR Risk Parity ETF

An institutional investor recently bought a new position in RPAR Risk Parity ETF stock. Main Street Group LTD acquired a new stake in RPAR Risk Parity ETF (NYSEARCA:RPAR) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,422 shares of the company’s stock, valued at approximately $165,000.

RPAR Risk Parity ETF Company Profile

The RPAR Risk Parity ETF (RPAR) is an exchange-traded fund that is based on the Advanced Research Risk Parity index. The fund is an actively managed fund-of-funds allocating to four major asset classes: global equities, US Treasurys, commodities and TIPS based on risk parity. RPAR was launched on Dec 13, 2019 and is managed by RPAR.