Short Interest in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Drops By 60.0%

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 911 shares, a decrease of 60.0% from the April 30th total of 2,277 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 6,533 shares, the days-to-cover ratio is presently 0.1 days.

FIS Biblically Responsible Risk Managed ETF Stock Performance

Shares of NYSEARCA PRAY traded up $0.08 during mid-day trading on Friday, reaching $35.55. The company had a trading volume of 5,348 shares, compared to its average volume of 12,772. The stock has a fifty day moving average of $34.16 and a two-hundred day moving average of $32.97. The company has a market capitalization of $81.05 million, a price-to-earnings ratio of -1,957.06 and a beta of 1.39. FIS Biblically Responsible Risk Managed ETF has a 12-month low of $29.37 and a 12-month high of $35.90.

Institutional Trading of 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 lifted its stake in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 23.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,112 shares of the company’s stock after purchasing an additional 7,708 shares during the quarter. Flow Traders U.S. LLC owned 1.79% of FIS Biblically Responsible Risk Managed ETF worth $1,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

FIS Biblically Responsible Risk Managed ETF Company Profile

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.