Short Interest in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Expands By 83.6%

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 14,263 shares, an increase of 83.6% from the April 15th total of 7,767 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is currently 1.2 days.

FIS Bright Portfolios Focused Equity ETF Trading Down 0.5%

Shares of BRIF opened at $34.23 on Tuesday. The company has a market cap of $130.76 million, a price-to-earnings ratio of 27.31 and a beta of 0.88. FIS Bright Portfolios Focused Equity ETF has a 1-year low of $25.42 and a 1-year high of $34.95. The company’s fifty day simple moving average is $31.72 and its 200 day simple moving average is $30.90.

Hedge Funds Weigh In On FIS Bright Portfolios Focused Equity ETF

An institutional investor recently raised its position in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV boosted its stake in shares of FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) by 56.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,661 shares of the company’s stock after acquiring an additional 12,160 shares during the period. Creative Financial Designs Inc. ADV owned 1.00% of FIS Bright Portfolios Focused Equity ETF worth $1,002,000 at the end of the most recent reporting period.

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.