Short Interest in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Rises By 271.3%

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,283 shares, a growth of 271.3% from the July 15th total of 1,423 shares. Based on an average trading volume of 6,241 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On 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 lifted its position in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 30.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 74,618 shares of the company’s stock after buying 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 as of its most recent filing with the SEC.

FIS Biblically Responsible Risk Managed ETF Stock Performance

Shares of NYSEARCA:PRAY traded down $0.15 during midday trading on Friday, hitting $36.13. 3,839 shares of the stock were exchanged, compared to its average volume of 12,161. The company has a market capitalization of $82.38 million, a PE ratio of -1,988.99 and a beta of 0.84. FIS Biblically Responsible Risk Managed ETF has a 52-week low of $30.49 and a 52-week high of $36.51. The business’s fifty day simple moving average is $35.30 and its two-hundred day simple moving average is $34.37.

FIS Biblically Responsible Risk Managed ETF Company Profile

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.