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

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 11,309 shares, a drop of 35.5% from the May 14th total of 17,533 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 16,131 shares, the short-interest ratio is presently 0.7 days.

Inspire Faithward Mid Cap Momentum ETF Trading Down 0.8%

GLRY traded down $0.34 during midday trading on Tuesday, hitting $42.53. 9,675 shares of the company were exchanged, compared to its average volume of 26,377. The company’s 50 day simple moving average is $40.89 and its 200 day simple moving average is $38.74. The firm has a market capitalization of $161.61 million, a price-to-earnings ratio of 18.98 and a beta of 1.03. Inspire Faithward Mid Cap Momentum ETF has a 1-year low of $31.95 and a 1-year high of $43.29.

Institutional Investors Weigh In On Inspire Faithward Mid Cap Momentum ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assetmark Inc. acquired a new stake in Inspire Faithward Mid Cap Momentum ETF during the 3rd quarter worth about $35,000. Inspire Investing LLC acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF during the 4th quarter valued at about $40,000. EverSource Wealth Advisors LLC grew its position in shares of 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 acquiring an additional 1,106 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Inspire Faithward Mid Cap Momentum ETF by 22.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,449 shares of the company’s stock valued at $71,000 after acquiring an additional 445 shares during the period. Finally, Centaurus Financial Inc. acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF during the 3rd quarter valued at about $109,000. 72.93% of the stock is owned by institutional investors and hedge funds.

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.