FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Down 15.6% in January

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 98,373 shares, a decrease of 15.6% from the December 31st total of 116,617 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,291 shares, the short-interest ratio is currently 3.1 days. Based on an average daily trading volume, of 31,291 shares, the short-interest ratio is currently 3.1 days. Currently, 1.9% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. CoreCap Advisors LLC increased its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 74.6% in the 3rd 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. Private Wealth Asset Management LLC lifted its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 133.3% during the second quarter. Private Wealth Asset Management LLC now owns 56,114 shares of the company’s stock valued at $2,052,000 after acquiring an additional 32,064 shares during the period. Harbor Investment Advisory LLC boosted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 1,409.3% in the third quarter. Harbor Investment Advisory LLC now owns 64,373 shares of the company’s stock valued at $2,307,000 after acquiring an additional 60,108 shares during the last quarter. Finally, Reliant Wealth Planning acquired a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the third quarter worth about $15,713,000.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

RISR opened at $35.77 on Monday. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 1-year low of $35.45 and a 1-year high of $39.44. The firm has a 50-day moving average price of $36.00 and a two-hundred day moving average price of $36.24.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a $0.18 dividend. This is an increase from FolioBeyond Alternative Income and Interest Rate Hedge ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Thursday, January 29th.

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.