FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Up 276.6% in August

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 51,219 shares, a growth of 276.6% from the July 30th total of 13,601 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 95,541 shares, the short-interest ratio is currently 0.5 days.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Price Performance

FolioBeyond Alternative Income and Interest Rate Hedge ETF stock opened at $36.74 on Thursday. The company’s 50 day simple moving average is $36.51 and its 200 day simple moving average is $36.30. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a fifty-two week low of $35.25 and a fifty-two week high of $37.50.

Hedge Funds Weigh In On FolioBeyond Alternative Income and Interest Rate Hedge ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sankala Group LLC acquired a new position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 4th quarter valued at $180,000. Worth Asset Management LLC acquired a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the 2nd quarter worth $234,000. Janney Montgomery Scott LLC acquired a new stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the 1st quarter worth $322,000. Claris Financial LLC bought a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF during the first quarter worth about $426,000. Finally, Private Wealth Asset Management LLC lifted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% during the fourth quarter. Private Wealth Asset Management LLC now owns 97,927 shares of the company’s stock worth $3,536,000 after acquiring an additional 31,178 shares in the last quarter.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

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.