Short Interest in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Declines By 97.8%

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 202 shares, a drop of 97.8% from the June 15th total of 9,193 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 8,356 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV boosted its holdings in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) by 159.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,293 shares of the company’s stock after acquiring an additional 53,632 shares during the quarter. Creative Financial Designs Inc. ADV owned 2.43% of FIS Bright Portfolios Focused Equity ETF worth $2,622,000 at the end of the most recent reporting period.

FIS Bright Portfolios Focused Equity ETF Stock Performance

FIS Bright Portfolios Focused Equity ETF stock traded up $0.09 during mid-day trading on Friday, reaching $37.14. The company’s stock had a trading volume of 10,882 shares, compared to its average volume of 11,035. The firm’s fifty day moving average price is $35.57 and its two-hundred day moving average price is $32.47. FIS Bright Portfolios Focused Equity ETF has a 12-month low of $27.61 and a 12-month high of $37.23. The company has a market capitalization of $154.50 million, a P/E ratio of 27.31 and a beta of 0.90.

About FIS Bright Portfolios Focused Equity ETF

The FIS Bright Portfolios Focused Equity ETF (BRIF) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks based the advisers definition of upholding Christian values combined with an assessment for growth at a reasonable price. BRIF was launched on Dec 20, 2024 and is issued by Faith Investor Services.