Short Interest in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Drops By 60.0%

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 911 shares, a drop of 60.0% from the April 30th total of 2,277 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,533 shares, the days-to-cover ratio is presently 0.1 days.

FIS Biblically Responsible Risk Managed ETF Stock Performance

PRAY stock opened at $35.90 on Tuesday. The stock has a market cap of $81.85 million, a P/E ratio of -1,976.33 and a beta of 1.41. The firm has a 50 day simple moving average of $34.23 and a 200 day simple moving average of $33.01. FIS Biblically Responsible Risk Managed ETF has a 52 week low of $29.37 and a 52 week high of $36.03.

Institutional Trading of FIS Biblically Responsible Risk Managed ETF

A hedge fund recently raised its stake in FIS Biblically Responsible Risk Managed ETF stock. Creative Financial Designs Inc. ADV raised its holdings in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 30.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,618 shares of the company’s stock after acquiring an additional 17,205 shares during the quarter. Creative Financial Designs Inc. ADV owned about 3.20% of FIS Biblically Responsible Risk Managed ETF worth $2,333,000 at the end of the most recent quarter.

About FIS Biblically Responsible Risk Managed ETF

The FIS Biblically Responsible Risk Managed ETF (PRAY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that employs a risk-managed approach to invest in stocks from around the world that are perceived as biblically responsible investments. PRAY was launched on Feb 8, 2022 and is managed by Faith Investor Services.