Short Interest in FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Expands By 72.3%

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 84,318 shares, a growth of 72.3% from the May 14th total of 48,941 shares. Based on an average daily trading volume, of 127,056 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.3% of the shares of the company are sold short.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Reliant Wealth Planning lifted its holdings in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 0.7% during the fourth quarter. Reliant Wealth Planning now owns 441,417 shares of the company’s stock worth $15,940,000 after buying an additional 3,009 shares in the last quarter. Sankala Group LLC acquired a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF during the fourth quarter worth $180,000. Janney Montgomery Scott LLC acquired a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF during the first quarter worth $322,000. Claris Financial LLC acquired a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF during the first quarter worth $426,000. Finally, Private Wealth Asset Management LLC raised its stake 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 valued at $3,536,000 after purchasing an additional 31,178 shares in the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Down 0.1%

Shares of RISR traded down $0.02 during midday trading on Monday, reaching $36.28. 41,051 shares of the stock were exchanged, compared to its average volume of 70,547. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a twelve month low of $35.25 and a twelve month high of $37.50. The stock’s 50 day simple moving average is $36.33 and its 200 day simple moving average is $36.11.

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.