Short Interest in MRP SynthEquity ETF (NYSEARCA:SNTH) Declines By 58.7%

MRP SynthEquity ETF (NYSEARCA:SNTH) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 9,840 shares, a drop of 58.7% from the February 12th total of 23,841 shares. Based on an average daily trading volume, of 40,946 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 40,946 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of MRP SynthEquity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Blueprint LLC purchased a new stake in shares of MRP SynthEquity ETF during the third quarter worth about $352,000. Kingswood Wealth Advisors LLC lifted its stake in shares of MRP SynthEquity ETF by 69.4% during the third quarter. Kingswood Wealth Advisors LLC now owns 83,567 shares of the company’s stock valued at $2,537,000 after buying an additional 34,232 shares during the period. Finally, Farther Finance Advisors LLC acquired a new stake in MRP SynthEquity ETF during the fourth quarter worth approximately $1,115,000.

MRP SynthEquity ETF Price Performance

Shares of MRP SynthEquity ETF stock opened at $27.34 on Wednesday. MRP SynthEquity ETF has a 1 year low of $21.84 and a 1 year high of $33.33. The business has a 50 day moving average price of $27.79 and a 200 day moving average price of $29.42. The company has a market capitalization of $124.12 million, a P/E ratio of 24.92 and a beta of 1.13.

MRP SynthEquity ETF Company Profile

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.