FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Sees Significant Growth in Short Interest

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 49,746 shares, a growth of 42.3% from the January 29th total of 34,951 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 27,993 shares, the short-interest ratio is currently 1.8 days. Based on an average trading volume of 27,993 shares, the short-interest ratio is currently 1.8 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. CoreCap Advisors LLC raised its position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 74.6% during the 3rd quarter. CoreCap Advisors LLC now owns 1,830 shares of the company’s stock worth $66,000 after purchasing an additional 782 shares during the period. Harbor Investment Advisory LLC lifted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 1,409.3% in the third quarter. Harbor Investment Advisory LLC now owns 64,373 shares of the company’s stock worth $2,307,000 after purchasing an additional 60,108 shares during the period. Private Wealth Asset Management LLC boosted its holdings in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 19.0% in the third quarter. Private Wealth Asset Management LLC now owns 66,749 shares of the company’s stock valued at $2,392,000 after acquiring an additional 10,635 shares in the last quarter. Finally, Reliant Wealth Planning acquired a new position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF during the 3rd quarter valued at $15,713,000.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

Shares of RISR traded up $0.17 during trading on Friday, reaching $35.58. The company’s stock had a trading volume of 14,864 shares, compared to its average volume of 35,797. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a twelve month low of $35.25 and a twelve month high of $39.44. The company has a fifty day moving average of $35.93 and a two-hundred day moving average of $36.10.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.18 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Thursday, February 26th.

About FolioBeyond Alternative Income and Interest Rate Hedge ETF

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.