FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Short Interest Update

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 14,263 shares, an increase of 83.6% from the April 15th total of 7,767 shares. Based on an average daily volume of 11,900 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of FIS Bright Portfolios Focused Equity ETF

A hedge fund recently raised its stake in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV raised its holdings in shares of FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) by 56.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,661 shares of the company’s stock after purchasing an additional 12,160 shares during the quarter. Creative Financial Designs Inc. ADV owned 1.00% of FIS Bright Portfolios Focused Equity ETF worth $1,002,000 at the end of the most recent reporting period.

FIS Bright Portfolios Focused Equity ETF Stock Performance

NYSEARCA:BRIF opened at $34.40 on Monday. FIS Bright Portfolios Focused Equity ETF has a twelve month low of $25.42 and a twelve month high of $34.95. The company has a market cap of $131.41 million, a price-to-earnings ratio of 27.31 and a beta of 0.88. The stock has a fifty day simple moving average of $31.66 and a 200-day simple moving average of $30.87.

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.