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

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 7,591 shares, an increase of 78.7% from the December 31st total of 4,247 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 35,433 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 35,433 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On FIS Biblically Responsible Risk Managed ETF

A hedge fund recently raised its stake in FIS Biblically Responsible Risk Managed ETF stock. Flow Traders U.S. LLC increased its holdings in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 70.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,404 shares of the company’s stock after acquiring an additional 13,774 shares during the quarter. Flow Traders U.S. LLC owned approximately 1.44% of FIS Biblically Responsible Risk Managed ETF worth $1,023,000 as of its most recent filing with the SEC.

FIS Biblically Responsible Risk Managed ETF Stock Down 0.7%

Shares of PRAY traded down $0.24 on Friday, hitting $32.59. 8,194 shares of the stock traded hands, compared to its average volume of 26,840. The stock’s 50 day moving average is $31.93 and its two-hundred day moving average is $31.48. The firm has a market capitalization of $75.93 million, a P/E ratio of -1,794.11 and a beta of 0.85. FIS Biblically Responsible Risk Managed ETF has a 1 year low of $25.13 and a 1 year high of $33.50.

FIS Biblically Responsible Risk Managed ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, December 9th were paid a dividend of $0.2159 per share. This represents a dividend yield of 69.0%. The ex-dividend date was Tuesday, December 9th. FIS Biblically Responsible Risk Managed ETF’s payout ratio is currently -1,156.07%.

FIS Biblically Responsible Risk Managed ETF Company Profile

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.