FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Short Interest Up 2,015.7% in December

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 116,617 shares, a growth of 2,015.7% from the December 15th total of 5,512 shares. Currently, 2.3% of the company’s shares are sold short. Based on an average trading volume of 38,409 shares, the days-to-cover ratio is currently 3.0 days. Based on an average trading volume of 38,409 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.3% of the company’s shares are sold short.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Trading Down 1.1%

NYSEARCA RISR traded down $0.41 during mid-day trading on Monday, hitting $35.77. The company’s stock had a trading volume of 62,275 shares, compared to its average volume of 36,254. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 52-week low of $35.45 and a 52-week high of $39.44. The stock’s fifty day simple moving average is $36.06 and its two-hundred day simple moving average is $36.33.

Institutional Investors Weigh In On FolioBeyond Alternative Income and Interest Rate Hedge ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Investment Advisory LLC grew its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 52.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 98,325 shares of the company’s stock valued at $3,551,000 after buying an additional 33,952 shares in the last quarter. Reliant Wealth Planning purchased a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 3rd quarter worth approximately $15,713,000. Private Wealth Asset Management LLC boosted its holdings in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 19.0% in the 3rd quarter. Private Wealth Asset Management LLC now owns 66,749 shares of the company’s stock worth $2,392,000 after acquiring an additional 10,635 shares during the period. CoreCap Advisors LLC grew its position in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 74.6% in the third quarter. CoreCap Advisors LLC now owns 1,830 shares of the company’s stock valued at $66,000 after acquiring an additional 782 shares in the last quarter. Finally, Beaumont Financial Advisors LLC raised its stake in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 70.7% during the second quarter. Beaumont Financial Advisors LLC now owns 18,412 shares of the company’s stock valued at $673,000 after purchasing an additional 7,625 shares during the period.

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.