FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Up 72.9% in March

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 41,397 shares, an increase of 72.9% from the February 26th total of 23,947 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 70,586 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of FolioBeyond Alternative Income and Interest Rate Hedge ETF

A number of institutional investors and hedge funds have recently made changes to their positions in RISR. CoreCap Advisors LLC lifted its holdings in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 74.6% during the 3rd quarter. CoreCap Advisors LLC now owns 1,830 shares of the company’s stock worth $66,000 after acquiring an additional 782 shares during the period. Harbor Investment Advisory LLC increased its stake 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. Private Wealth Asset Management LLC raised its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 19.0% during the third quarter. Private Wealth Asset Management LLC now owns 66,749 shares of the company’s stock valued at $2,392,000 after purchasing an additional 10,635 shares in the last quarter. Reliant Wealth Planning bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the third quarter worth $15,713,000. Finally, Sankala Group LLC bought a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the fourth quarter worth $180,000.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

Shares of RISR traded down $0.08 during trading hours on Friday, hitting $36.44. 30,925 shares of the company were exchanged, compared to its average volume of 50,250. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a fifty-two week low of $35.25 and a fifty-two week high of $39.44. The firm’s fifty day moving average is $35.96 and its 200 day moving average is $36.00.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.18 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Thursday, February 26th.

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.