Inspire Tactical Balanced ETF (NYSEARCA:RISN) Short Interest Down 91.9% in February

Inspire Tactical Balanced ETF (NYSEARCA:RISN) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 132 shares, a decrease of 91.9% from the February 12th total of 1,637 shares. Based on an average trading volume of 6,195 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 6,195 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Inspire Tactical Balanced ETF

A hedge fund recently bought a new stake in Inspire Tactical Balanced ETF stock. Nations Financial Group Inc. IA ADV bought a new position in shares of Inspire Tactical Balanced ETF (NYSEARCA:RISN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 31,271 shares of the company’s stock, valued at approximately $932,000. Nations Financial Group Inc. IA ADV owned approximately 1.01% of Inspire Tactical Balanced ETF as of its most recent filing with the SEC.

Inspire Tactical Balanced ETF Trading Down 0.8%

NYSEARCA RISN traded down $0.24 during trading hours on Thursday, reaching $29.47. The company had a trading volume of 118 shares, compared to its average volume of 11,828. The stock has a 50-day moving average of $29.97 and a 200 day moving average of $29.57. Inspire Tactical Balanced ETF has a 1-year low of $23.55 and a 1-year high of $31.18. The stock has a market capitalization of $86.05 million, a P/E ratio of 18.72 and a beta of 0.54.

Inspire Tactical Balanced ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 17th were paid a $0.073 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, December 17th.

Inspire Tactical Balanced ETF Company Profile

The Inspire Tactical Large Cap ESG ETF (RISN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that tactically shift exposure between US equities and treasurys, or other defensive assets, that are screened for biblically-aligned criteria as defined by the Issuer. RISN was launched on Jul 15, 2020 and is managed by Inspire.