FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Sees Large Drop in Short Interest

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFGet Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 202 shares, a decline of 97.8% from the June 15th total of 9,193 shares. Based on an average trading volume of 8,356 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

FIS Bright Portfolios Focused Equity ETF Stock Up 0.2%

NYSEARCA:BRIF traded up $0.09 during midday trading on Friday, hitting $37.14. The company had a trading volume of 10,882 shares, compared to its average volume of 11,035. The company has a market capitalization of $154.50 million, a PE ratio of 27.31 and a beta of 0.90. FIS Bright Portfolios Focused Equity ETF has a 52-week low of $27.61 and a 52-week high of $37.23. The stock’s fifty day moving average price is $35.57 and its 200-day moving average price is $32.45.

Hedge Funds Weigh In On FIS Bright Portfolios Focused Equity ETF

A hedge fund recently raised its position in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV raised its stake in FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIFFree Report) by 159.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 87,293 shares of the company’s stock after purchasing an additional 53,632 shares during the quarter. Creative Financial Designs Inc. ADV owned 2.43% of FIS Bright Portfolios Focused Equity ETF worth $2,622,000 at the end of the most recent quarter.

About FIS Bright Portfolios Focused Equity ETF

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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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