FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Down 79.7% in July

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 13,601 shares, a decrease of 79.7% from the July 15th total of 66,871 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 77,721 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On FolioBeyond Alternative Income and Interest Rate Hedge ETF

Several large investors have recently modified their holdings of the stock. Sankala Group LLC bought a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 4th quarter worth approximately $180,000. Worth Asset Management LLC bought a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the second quarter valued at $234,000. Janney Montgomery Scott LLC purchased a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the first quarter worth $322,000. Claris Financial LLC purchased a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the first quarter worth $426,000. Finally, Private Wealth Asset Management LLC increased its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% in the fourth quarter. Private Wealth Asset Management LLC now owns 97,927 shares of the company’s stock worth $3,536,000 after buying an additional 31,178 shares during the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

NYSEARCA RISR traded up $0.11 during trading hours on Friday, reaching $36.83. 84,031 shares of the company were exchanged, compared to its average volume of 73,388. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 1 year low of $35.25 and a 1 year high of $37.50. The business’s 50 day simple moving average is $36.43 and its 200-day simple moving average is $36.25.

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.