Short Interest in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Drops By 97.8%

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 202 shares, a decrease of 97.8% from the June 15th total of 9,193 shares. Based on an average trading volume of 8,356 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

FIS Bright Portfolios Focused Equity ETF Stock Up 0.2%

BRIF stock traded up $0.09 during mid-day trading on Friday, reaching $37.14. 10,882 shares of the company traded hands, compared to its average volume of 11,035. The firm’s 50 day moving average price is $35.57 and its 200 day moving average price is $32.45. The stock has a market cap of $154.13 million, a price-to-earnings ratio of 27.31 and a beta of 0.90. FIS Bright Portfolios Focused Equity ETF has a fifty-two week low of $27.61 and a fifty-two week high of $37.23.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV boosted its stake in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) by 159.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 87,293 shares of the company’s stock after buying an additional 53,632 shares during the quarter. Creative Financial Designs Inc. ADV owned approximately 2.43% of FIS Bright Portfolios Focused Equity ETF worth $2,622,000 as of its most recent SEC filing.

FIS Bright Portfolios Focused Equity ETF Company Profile

The FIS Bright Portfolios Focused Equity ETF (BRIF) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks based the advisers definition of upholding Christian values combined with an assessment for growth at a reasonable price. BRIF was launched on Dec 20, 2024 and is issued by Faith Investor Services.