FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Sees Large Decrease in Short Interest

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

FIS Biblically Responsible Risk Managed ETF Trading Up 0.8%

Shares of NYSEARCA PRAY traded up $0.30 during trading hours on Thursday, reaching $35.75. The stock had a trading volume of 25,105 shares, compared to its average volume of 13,426. The firm has a market cap of $81.51 million, a price-to-earnings ratio of -1,968.07 and a beta of 1.21. The business’s fifty day moving average price is $33.64 and its two-hundred day moving average price is $32.69. FIS Biblically Responsible Risk Managed ETF has a 52-week low of $28.88 and a 52-week high of $35.87.

Institutional Trading of FIS Biblically Responsible Risk Managed ETF

A hedge fund recently raised its stake in FIS Biblically Responsible Risk Managed ETF stock. Flow Traders U.S. LLC lifted its position in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 23.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,112 shares of the company’s stock after purchasing an additional 7,708 shares during the period. Flow Traders U.S. LLC owned 1.79% of FIS Biblically Responsible Risk Managed ETF worth $1,289,000 at the end of the most recent quarter.

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.