FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Short Interest Down 62.7% in August

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFGet Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5,357 shares, a decrease of 62.7% from the August 15th total of 14,349 shares. Based on an average trading volume of 10,463 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

FIS Bright Portfolios Focused Equity ETF Trading Up 0.2%

Shares of NYSEARCA BRIF traded up $0.06 during midday trading on Tuesday, reaching $36.78. The company’s stock had a trading volume of 2,653 shares, compared to its average volume of 10,748. The stock has a 50 day simple moving average of $37.27 and a 200-day simple moving average of $34.68. The stock has a market capitalization of $154.11 million, a price-to-earnings ratio of 27.31 and a beta of 0.90. FIS Bright Portfolios Focused Equity ETF has a fifty-two week low of $29.06 and a fifty-two week high of $38.55.

Hedge Funds Weigh In On FIS Bright Portfolios Focused Equity ETF

A hedge fund recently raised its position in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV increased its position in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFFree Report) by 159.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 87,293 shares of the company’s stock after purchasing an additional 53,632 shares during the quarter. Creative Financial Designs Inc. ADV owned approximately 2.43% of FIS Bright Portfolios Focused Equity ETF worth $2,622,000 as of its most recent SEC filing.

FIS Bright Portfolios Focused Equity ETF Company Profile

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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.

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