Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Short Interest Update

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 31,640 shares, a growth of 179.8% from the May 31st total of 11,309 shares. Based on an average daily trading volume, of 42,397 shares, the short-interest ratio is presently 0.7 days. Approximately 0.8% of the shares of the stock are sold short.

Inspire Faithward Mid Cap Momentum ETF Stock Performance

NYSEARCA GLRY traded up $0.72 during trading hours on Tuesday, reaching $43.47. The company’s stock had a trading volume of 16,031 shares, compared to its average volume of 25,611. The stock has a market cap of $165.19 million, a PE ratio of 18.98 and a beta of 1.03. Inspire Faithward Mid Cap Momentum ETF has a fifty-two week low of $32.53 and a fifty-two week high of $43.49. The company’s 50-day moving average is $41.51 and its two-hundred day moving average is $39.17.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Several large investors have recently modified their holdings of the business. Inspire Investing LLC acquired a new position in shares of Inspire Faithward Mid Cap Momentum ETF during the 4th quarter worth approximately $40,000. EverSource Wealth Advisors LLC grew its holdings in Inspire Faithward Mid Cap Momentum ETF by 224.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,598 shares of the company’s stock valued at $59,000 after buying an additional 1,106 shares during the last quarter. Assetmark Inc. increased its position in Inspire Faithward Mid Cap Momentum ETF by 100.5% during the fourth quarter. Assetmark Inc. now owns 1,861 shares of the company’s stock worth $67,000 after buying an additional 933 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Inspire Faithward Mid Cap Momentum ETF by 22.2% during the first quarter. Geneos Wealth Management Inc. now owns 2,449 shares of the company’s stock worth $71,000 after buying an additional 445 shares in the last quarter. Finally, Centaurus Financial Inc. acquired a new position in shares of Inspire Faithward Mid Cap Momentum ETF in the third quarter worth $109,000. 72.93% of the stock is currently owned by institutional investors and hedge funds.

About Inspire Faithward Mid Cap Momentum ETF

The Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks to maximize growth and outperform its benchmark by actively selecting US mid-cap stocks that are screened for their alignment in biblical values. GLRY was launched on Dec 7, 2020 and is managed by Inspire.