FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Update

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 51,219 shares, a growth of 276.6% from the July 30th total of 13,601 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 95,541 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On FolioBeyond Alternative Income and Interest Rate Hedge ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Private Wealth Asset Management LLC increased its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% in the fourth quarter. Private Wealth Asset Management LLC now owns 97,927 shares of the company’s stock worth $3,536,000 after buying an additional 31,178 shares during the last quarter. Reliant Wealth Planning grew its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 0.7% during the 4th quarter. Reliant Wealth Planning now owns 441,417 shares of the company’s stock worth $15,940,000 after acquiring an additional 3,009 shares during the period. Sankala Group LLC bought a new position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF during the 4th quarter worth $180,000. Janney Montgomery Scott LLC purchased a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter worth about $322,000. Finally, Harbor Investment Advisory LLC increased its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 53.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 151,069 shares of the company’s stock worth $5,472,000 after acquiring an additional 52,744 shares during the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Price Performance

RISR traded down $0.08 during trading on Friday, hitting $36.67. 58,847 shares of the company traded hands, compared to its average volume of 72,193. The stock’s fifty day moving average is $36.52 and its 200 day moving average is $36.30. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a one year low of $35.25 and a one year high of $37.15.

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.