FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Update

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 53,076 shares, a drop of 37.1% from the May 31st total of 84,318 shares. Based on an average daily volume of 151,671 shares, the short-interest ratio is currently 0.3 days. Approximately 0.8% of the company’s stock are short sold.

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

Shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF stock traded down $0.04 during trading on Thursday, hitting $36.10. 38,529 shares of the stock traded hands, compared to its average volume of 69,858. 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 company has a fifty day moving average price of $36.32 and a two-hundred day moving average price of $36.14.

Institutional Trading of FolioBeyond Alternative Income and Interest Rate Hedge ETF

A number of institutional investors have recently added to or reduced their stakes in RISR. Harbor Investment Advisory LLC increased its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 53.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 151,069 shares of the company’s stock worth $5,472,000 after purchasing an additional 52,744 shares during the last quarter. Private Wealth Asset Management LLC lifted its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% in the 4th 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 during the last quarter. Reliant Wealth Planning acquired a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 3rd quarter valued at $15,713,000. Claris Financial LLC bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the first quarter worth $426,000. Finally, Janney Montgomery Scott LLC bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the first quarter worth $322,000.

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.