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 increase in short interest in the month of April. As of April 30th, there was short interest totaling 28,709 shares, an increase of 110.8% from the April 15th total of 13,619 shares. Based on an average trading volume of 32,575 shares, the short-interest ratio is presently 0.9 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Several large investors have recently made changes to their positions in the business. Valmark Advisers Inc. boosted its holdings in shares of Inspire Faithward Mid Cap Momentum ETF by 2.2% in the 1st quarter. Valmark Advisers Inc. now owns 25,180 shares of the company’s stock valued at $934,000 after acquiring an additional 549 shares during the last quarter. Revisor Wealth Management LLC purchased a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the 1st quarter valued at $270,000. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Inspire Faithward Mid Cap Momentum ETF by 26.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 44,066 shares of the company’s stock valued at $1,635,000 after acquiring an additional 9,216 shares during the last quarter. Inspire Investing LLC purchased a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the 4th quarter valued at $40,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the 4th quarter valued at $314,000. 72.93% of the stock is owned by hedge funds and other institutional investors.

Inspire Faithward Mid Cap Momentum ETF Trading Down 2.5%

Shares of GLRY stock traded down $1.03 during trading hours on Friday, hitting $40.35. The company’s stock had a trading volume of 15,521 shares, compared to its average volume of 25,669. The company has a 50 day moving average of $39.33 and a 200 day moving average of $37.99. The stock has a market cap of $153.33 million, a PE ratio of 18.98 and a beta of 1.04. Inspire Faithward Mid Cap Momentum ETF has a 12-month low of $30.97 and a 12-month high of $41.90.

Inspire Faithward Mid Cap Momentum ETF Company Profile

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.