Short Interest in FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) Decreases By 37.6%

FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,008 shares, a drop of 37.6% from the June 15th total of 1,615 shares. Based on an average daily volume of 10,379 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

FIS Biblically Responsible Risk Managed ETF Price Performance

Shares of NYSEARCA PRAY opened at $35.01 on Friday. FIS Biblically Responsible Risk Managed ETF has a 12-month low of $30.23 and a 12-month high of $36.39. The firm’s 50-day simple moving average is $35.37 and its 200 day simple moving average is $33.93. The company has a market cap of $79.82 million, a price-to-earnings ratio of -1,927.33 and a beta of 0.84.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in FIS Biblically Responsible Risk Managed ETF stock. Creative Financial Designs Inc. ADV boosted its position in shares of FIS Biblically Responsible Risk Managed ETF (NYSEARCA:PRAY) by 30.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,618 shares of the company’s stock after purchasing an additional 17,205 shares during the quarter. Creative Financial Designs Inc. ADV owned 3.20% of FIS Biblically Responsible Risk Managed ETF worth $2,333,000 as of its most recent SEC filing.

About FIS Biblically Responsible Risk Managed ETF

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.