Short Interest in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Declines By 70.9%

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFGet Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,144 shares, a decrease of 70.9% from the April 30th total of 14,263 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 11,123 shares, the days-to-cover ratio is presently 0.4 days.

FIS Bright Portfolios Focused Equity ETF Price Performance

NYSEARCA BRIF opened at $35.40 on Friday. The business’s fifty day moving average price is $32.39 and its 200-day moving average price is $31.14. The stock has a market capitalization of $135.23 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 $25.74 and a 1-year high of $35.52.

Institutional Investors 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 lifted its stake in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFFree Report) by 56.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,661 shares of the company’s stock after purchasing 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

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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.

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