PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) Sees Large Growth in Short Interest

PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 9,380 shares, a growth of 223.0% from the May 31st total of 2,904 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 6,890 shares, the short-interest ratio is currently 1.4 days.

PMV Adaptive Risk Parity ETF Price Performance

ARP traded up $0.16 on Monday, reaching $32.04. 2,565 shares of the stock were exchanged, compared to its average volume of 8,698. The company’s 50-day moving average price is $32.91 and its 200 day moving average price is $32.33. The firm has a market capitalization of $63.76 million, a PE ratio of -3.56 and a beta of 0.46. PMV Adaptive Risk Parity ETF has a fifty-two week low of $28.36 and a fifty-two week high of $34.00.

Institutional Investors Weigh In On PMV Adaptive Risk Parity ETF

A hedge fund recently raised its stake in PMV Adaptive Risk Parity ETF stock. PMV Capital Advisers LLC raised its holdings in shares of PMV Adaptive Risk Parity ETF (NYSEARCA:ARP) by 11.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 596,088 shares of the company’s stock after acquiring an additional 61,364 shares during the period. PMV Adaptive Risk Parity ETF makes up about 31.6% of PMV Capital Advisers LLC’s portfolio, making the stock its biggest position. PMV Capital Advisers LLC owned about 30.41% of PMV Adaptive Risk Parity ETF worth $18,705,000 as of its most recent SEC filing. 20.16% of the stock is owned by hedge funds and other institutional investors.

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.