FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Sees Large Increase in Short Interest

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 29,852 shares, a growth of 31.6% from the March 31st total of 22,689 shares. Based on an average trading volume of 90,750 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are short sold.

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

Large investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC lifted its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 74.6% during the third quarter. CoreCap Advisors LLC now owns 1,830 shares of the company’s stock worth $66,000 after buying an additional 782 shares during the period. Sankala Group LLC purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the fourth quarter worth about $180,000. Janney Montgomery Scott LLC purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the first quarter worth about $322,000. Harbor Investment Advisory LLC lifted its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 1,409.3% during the third quarter. Harbor Investment Advisory LLC now owns 64,373 shares of the company’s stock worth $2,307,000 after buying an additional 60,108 shares during the period. Finally, Private Wealth Asset Management LLC lifted its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 19.0% during the third quarter. Private Wealth Asset Management LLC now owns 66,749 shares of the company’s stock worth $2,392,000 after buying an additional 10,635 shares during the period.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Up 0.4%

Shares of NYSEARCA:RISR traded up $0.13 on Friday, hitting $36.33. The company had a trading volume of 1,012 shares, compared to its average volume of 53,924. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 52-week low of $35.25 and a 52-week high of $37.50. The business has a 50 day moving average of $36.12 and a 200 day moving average of $36.03.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a $0.18 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Thursday, February 26th.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

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.