FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Sees Large Drop in Short Interest

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 5,512 shares, a drop of 38.3% from the November 30th total of 8,940 shares. Based on an average daily volume of 28,479 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 28,479 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of FolioBeyond Alternative Income and Interest Rate Hedge ETF

Several hedge funds have recently modified their holdings of the stock. Reliant Wealth Planning purchased a new position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF during the 3rd quarter worth approximately $15,713,000. Private Wealth Asset Management LLC raised its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 19.0% during the 3rd quarter. Private Wealth Asset Management LLC now owns 66,749 shares of the company’s stock worth $2,392,000 after buying an additional 10,635 shares during the period. Harbor Investment Advisory LLC raised its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 1,409.3% during the 3rd quarter. Harbor Investment Advisory LLC now owns 64,373 shares of the company’s stock worth $2,307,000 after purchasing an additional 60,108 shares in the last quarter. CoreCap Advisors LLC lifted its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 74.6% in the third quarter. CoreCap Advisors LLC now owns 1,830 shares of the company’s stock valued at $66,000 after buying an additional 782 shares during the period. Finally, Beaumont Financial Advisors LLC lifted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 70.7% during the second quarter. Beaumont Financial Advisors LLC now owns 18,412 shares of the company’s stock valued at $673,000 after purchasing an additional 7,625 shares in the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

RISR stock traded down $0.24 on Friday, reaching $35.86. The company’s stock had a trading volume of 17,795 shares, compared to its average volume of 58,373. The business has a fifty day simple moving average of $36.01 and a two-hundred day simple moving average of $36.38. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 12-month low of $35.45 and a 12-month high of $39.44.

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.