Short Interest in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Increases By 78.7%

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 7,591 shares, a growth of 78.7% from the December 31st total of 4,247 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,433 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 35,433 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On FIS Biblically Responsible Risk Managed ETF

An institutional investor recently raised its position in FIS Biblically Responsible Risk Managed ETF stock. Creative Financial Designs Inc. ADV boosted its holdings in shares of FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 48.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,168 shares of the company’s stock after buying an additional 16,983 shares during the quarter. Creative Financial Designs Inc. ADV owned approximately 2.25% of FIS Biblically Responsible Risk Managed ETF worth $1,598,000 at the end of the most recent quarter.

FIS Biblically Responsible Risk Managed ETF Stock Performance

FIS Biblically Responsible Risk Managed ETF stock traded down $0.24 during mid-day trading on Friday, reaching $32.59. The company’s stock had a trading volume of 8,194 shares, compared to its average volume of 26,840. The company has a market capitalization of $75.93 million, a P/E ratio of -1,794.11 and a beta of 0.85. The firm’s fifty day moving average price is $31.93 and its two-hundred day moving average price is $31.49. FIS Biblically Responsible Risk Managed ETF has a 12-month low of $25.13 and a 12-month high of $33.50.

FIS Biblically Responsible Risk Managed ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, December 9th were paid a $0.2159 dividend. The ex-dividend date of this dividend was Tuesday, December 9th. This represents a yield of 69.0%. FIS Biblically Responsible Risk Managed ETF’s dividend payout ratio (DPR) is currently -1,156.07%.

About FIS Biblically Responsible Risk Managed ETF

The FIS Biblically Responsible Risk Managed ETF (PRAY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that employs a risk-managed approach to invest in stocks from around the world that are perceived as biblically responsible investments. PRAY was launched on Feb 8, 2022 and is managed by Faith Investor Services.