Short Interest in FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Rises By 72.3%

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 84,318 shares, an increase of 72.3% from the May 14th total of 48,941 shares. Based on an average daily volume of 127,056 shares, the short-interest ratio is currently 0.7 days. Approximately 1.3% of the shares of the company are short sold.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Price Performance

FolioBeyond Alternative Income and Interest Rate Hedge ETF stock traded up $0.05 during mid-day trading on Tuesday, reaching $36.33. The company had a trading volume of 34,941 shares, compared to its average volume of 70,235. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 52 week low of $35.25 and a 52 week high of $37.50. The company has a 50 day moving average of $36.34 and a 200-day moving average of $36.12.

Institutional Trading of FolioBeyond Alternative Income and Interest Rate Hedge ETF

A number of hedge funds have recently bought and sold shares of the stock. Reliant Wealth Planning boosted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 0.7% in the 4th quarter. Reliant Wealth Planning now owns 441,417 shares of the company’s stock valued at $15,940,000 after purchasing an additional 3,009 shares during the period. Sankala Group LLC bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 4th quarter valued at $180,000. Janney Montgomery Scott LLC bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at $322,000. Claris Financial LLC bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at $426,000. Finally, Private Wealth Asset Management LLC boosted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% in the 4th quarter. Private Wealth Asset Management LLC now owns 97,927 shares of the company’s stock valued at $3,536,000 after purchasing an additional 31,178 shares during the period.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

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.