FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Update

by · The Markets Daily

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 82,113 shares, an increase of 84.2% from the August 31st total of 44,569 shares. Based on an average daily trading volume, of 153,517 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Trading of FolioBeyond Alternative Income and Interest Rate Hedge ETF

Hedge funds have recently modified their holdings of the stock. Sankala Group LLC bought a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 4th quarter worth approximately $180,000. Worth Asset Management LLC bought a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 2nd quarter valued at $234,000. Janney Montgomery Scott LLC acquired a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at $322,000. Claris Financial LLC acquired a new stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at $426,000. Finally, Harbor Investment Advisory LLC raised its position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 7.8% during the second quarter. Harbor Investment Advisory LLC now owns 162,869 shares of the company’s stock worth $5,896,000 after acquiring an additional 11,800 shares during the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Up 0.7%

NYSEARCA RISR traded up $0.26 on Wednesday, hitting $37.06. 112,424 shares of the company were exchanged, compared to its average volume of 81,523. The firm has a 50 day moving average of $36.68 and a two-hundred day moving average of $36.45. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 1-year low of $35.25 and a 1-year high of $37.32.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.18 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Tuesday, September 29th.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

(Get Free Report)

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.

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