Short Interest in FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Expands By 184.0%

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 48,941 shares, an increase of 184.0% from the April 30th total of 17,232 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average trading volume of 62,427 shares, the short-interest ratio is presently 0.8 days.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Price Performance

RISR stock traded down $0.05 during mid-day trading on Friday, hitting $36.11. 85,775 shares of the company were exchanged, compared to its average volume of 61,805. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a twelve month low of $35.25 and a twelve month high of $37.50. The firm has a fifty day simple moving average of $36.34 and a 200 day simple moving average of $36.10.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RISR. Sankala Group LLC acquired a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the 4th quarter worth $180,000. Janney Montgomery Scott LLC bought a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at approximately $322,000. Claris Financial LLC bought a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at approximately $426,000. Private Wealth Asset Management LLC increased its holdings in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% in the 4th quarter. Private Wealth Asset Management LLC now owns 97,927 shares of the company’s stock valued at $3,536,000 after acquiring an additional 31,178 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 52.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 98,325 shares of the company’s stock valued at $3,551,000 after acquiring an additional 33,952 shares during the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

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.