FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Short Interest Down 81.6% in April

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,277 shares, a drop of 81.6% from the April 15th total of 12,384 shares. Based on an average trading volume of 7,758 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

FIS Biblically Responsible Risk Managed ETF Price Performance

Shares of PRAY stock traded down $0.28 during midday trading on Tuesday, reaching $35.15. 1,784 shares of the company traded hands, compared to its average volume of 13,397. The firm’s 50 day simple moving average is $33.53 and its two-hundred day simple moving average is $32.61. FIS Biblically Responsible Risk Managed ETF has a 1-year low of $28.88 and a 1-year high of $35.60. The firm has a market cap of $80.14 million, a PE ratio of -1,935.04 and a beta of 1.22.

Institutional Investors Weigh In On FIS Biblically Responsible Risk Managed ETF

An institutional investor recently raised its position in FIS Biblically Responsible Risk Managed ETF stock. Flow Traders U.S. LLC grew its stake in shares of FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 23.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,112 shares of the company’s stock after acquiring an additional 7,708 shares during the period. Flow Traders U.S. LLC owned about 1.79% of FIS Biblically Responsible Risk Managed ETF worth $1,289,000 at the end of the most recent reporting period.

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.