FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Update

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 48,941 shares, an increase of 184.0% from the April 30th total of 17,232 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 62,427 shares, the short-interest ratio is presently 0.8 days.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

Shares of RISR opened at $36.11 on Monday. The company’s 50 day simple moving average is $36.34 and its 200-day simple moving average is $36.10. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 12-month low of $35.25 and a 12-month high of $37.50.

Hedge Funds Weigh In On FolioBeyond Alternative Income and Interest Rate Hedge ETF

Hedge funds have recently modified their holdings of the business. Harbor Investment Advisory LLC grew its position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 52.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 98,325 shares of the company’s stock worth $3,551,000 after acquiring an additional 33,952 shares during the last quarter. Reliant Wealth Planning purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 3rd quarter valued at $15,713,000. Claris Financial LLC purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at $426,000. Janney Montgomery Scott LLC purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at $322,000. Finally, Sankala Group LLC purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 4th quarter valued at $180,000.

About FolioBeyond Alternative Income and Interest Rate Hedge ETF

The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.