FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Sees Large Decline in Short Interest

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,008 shares, a decline of 37.6% from the June 15th total of 1,615 shares. Based on an average daily volume of 10,379 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

FIS Biblically Responsible Risk Managed ETF Stock Down 0.9%

Shares of NYSEARCA:PRAY opened at $34.68 on Friday. The company has a market cap of $79.07 million, a price-to-earnings ratio of -1,909.17 and a beta of 0.84. The business has a 50 day moving average price of $35.35 and a 200 day moving average price of $33.94. FIS Biblically Responsible Risk Managed ETF has a twelve month low of $30.23 and a twelve month high of $36.39.

Hedge Funds Weigh In On FIS Biblically Responsible Risk Managed ETF

A hedge fund recently raised its position in FIS Biblically Responsible Risk Managed ETF stock. Flow Traders U.S. LLC raised its stake in shares of FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 23.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 41,112 shares of the company’s stock after purchasing an additional 7,708 shares during the quarter. Flow Traders U.S. LLC owned 1.79% of FIS Biblically Responsible Risk Managed ETF worth $1,289,000 as of its most recent filing with the SEC.

About FIS Biblically Responsible Risk Managed ETF

The FIS Biblically Responsible Risk Managed ETF (PRAY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that employs a risk-managed approach to invest in stocks from around the world that are perceived as biblically responsible investments. PRAY was launched on Feb 8, 2022 and is managed by Faith Investor Services.