FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Sees Significant Increase in Short Interest

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 5,283 shares, an increase of 271.3% from the July 15th total of 1,423 shares. Based on an average daily volume of 6,241 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of FIS Biblically Responsible Risk Managed ETF

A hedge fund recently raised its position in FIS Biblically Responsible Risk Managed ETF stock. Flow Traders U.S. LLC increased its stake in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 23.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,112 shares of the company’s stock after purchasing an additional 7,708 shares during the period. Flow Traders U.S. LLC owned approximately 1.79% of FIS Biblically Responsible Risk Managed ETF worth $1,289,000 as of its most recent SEC filing.

FIS Biblically Responsible Risk Managed ETF Stock Performance

FIS Biblically Responsible Risk Managed ETF stock opened at $36.04 on Thursday. FIS Biblically Responsible Risk Managed ETF has a fifty-two week low of $30.49 and a fifty-two week high of $36.43. The stock has a market cap of $82.17 million, a P/E ratio of -1,984.04 and a beta of 0.84. The firm’s fifty day moving average price is $35.29 and its 200-day moving average price is $34.34.

FIS Biblically Responsible Risk Managed ETF Company Profile

The FIS Biblically Responsible Risk Managed ETF (PRAY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that employs a risk-managed approach to invest in stocks from around the world that are perceived as biblically responsible investments. PRAY was launched on Feb 8, 2022 and is managed by Faith Investor Services.