FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Short Interest Update

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 5,357 shares, a drop of 62.7% from the August 15th total of 14,349 shares. Based on an average daily trading volume, of 10,463 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

FIS Bright Portfolios Focused Equity ETF Price Performance

Shares of BRIF stock traded up $0.38 on Friday, hitting $37.15. The stock had a trading volume of 16,524 shares, compared to its average volume of 10,684. The firm has a market capitalization of $155.66 million, a P/E ratio of 27.31 and a beta of 0.90. FIS Bright Portfolios Focused Equity ETF has a 1 year low of $29.06 and a 1 year high of $38.55. The company’s 50 day moving average price is $37.27 and its 200-day moving average price is $34.61.

Institutional Trading of FIS Bright Portfolios Focused Equity ETF

An institutional investor recently raised its stake in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV lifted its holdings in shares of FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) by 159.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor 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 about 2.43% of FIS Bright Portfolios Focused Equity ETF worth $2,622,000 as of its most recent filing with the SEC.

About FIS Bright Portfolios Focused Equity ETF

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.