FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) Short Interest Up 59.9% in May

FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 6,626 shares, a growth of 59.9% from the May 14th total of 4,144 shares. Based on an average daily trading volume, of 22,893 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On FIS Bright Portfolios Focused Equity ETF

An institutional investor recently raised its position in FIS Bright Portfolios Focused Equity ETF stock. Creative Financial Designs Inc. ADV raised its position in shares of FIS Bright Portfolios Focused Equity ETF (NYSEARCA:BRIF) by 56.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,661 shares of the company’s stock after buying an additional 12,160 shares during the period. Creative Financial Designs Inc. ADV owned about 1.00% of FIS Bright Portfolios Focused Equity ETF worth $1,002,000 at the end of the most recent reporting period.

FIS Bright Portfolios Focused Equity ETF Trading Down 0.8%

Shares of NYSEARCA:BRIF opened at $36.07 on Wednesday. The stock’s 50-day moving average price is $33.94 and its 200-day moving average price is $31.67. FIS Bright Portfolios Focused Equity ETF has a 12-month low of $26.31 and a 12-month high of $36.94. The stock has a market capitalization of $137.79 million, a P/E ratio of 27.31 and a beta of 0.93.

FIS Bright Portfolios Focused Equity ETF Company Profile

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.