Short Interest in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Grows By 1,686.6%

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFGet Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,609 shares, an increase of 1,686.6% from the June 30th total of 202 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 11,281 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On FIS Bright Portfolios Focused Equity ETF

An institutional investor recently raised its position in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV increased its position in shares of FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFFree Report) by 159.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 2.43% of FIS Bright Portfolios Focused Equity ETF worth $2,622,000 at the end of the most recent reporting period.

FIS Bright Portfolios Focused Equity ETF Trading Down 0.1%

NYSEARCA BRIF traded down $0.04 on Friday, hitting $36.96. 9,161 shares of the stock traded hands, compared to its average volume of 10,865. The stock has a 50-day moving average of $36.15 and a 200 day moving average of $32.91. FIS Bright Portfolios Focused Equity ETF has a twelve month low of $27.82 and a twelve month high of $37.23. The company has a market capitalization of $154.86 million, a P/E ratio of 27.31 and a beta of 0.90.

FIS Bright Portfolios Focused Equity ETF Company Profile

(Get Free Report)

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.

Further Reading

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