Inspire International ETF (NYSEARCA:WWJD) Sees Large Decrease in Short Interest

Inspire International ETF (NYSEARCA:WWJD) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 10,540 shares, a drop of 68.3% from the July 30th total of 33,215 shares. Based on an average daily volume of 60,562 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Inspire International ETF Stock Performance

Shares of Inspire International ETF stock traded down $0.05 during trading on Friday, hitting $41.09. The company’s stock had a trading volume of 68,093 shares, compared to its average volume of 63,888. Inspire International ETF has a 52 week low of $34.27 and a 52 week high of $44.01. The company has a market capitalization of $579.37 million, a PE ratio of 16.38 and a beta of 0.76. The company has a fifty day simple moving average of $39.45 and a two-hundred day simple moving average of $39.02.

Institutional Investors Weigh In On Inspire International ETF

A number of large investors have recently added to or reduced their stakes in WWJD. Betterment LLC grew its holdings in shares of Inspire International ETF by 4.4% in the fourth quarter. Betterment LLC now owns 6,175 shares of the company’s stock worth $225,000 after acquiring an additional 261 shares during the period. Mosaic Family Wealth Partners LLC increased its holdings in Inspire International ETF by 2.0% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 31,603 shares of the company’s stock worth $1,182,000 after acquiring an additional 617 shares in the last quarter. Root Financial Partners LLC purchased a new position in Inspire International ETF during the first quarter valued at approximately $32,000. Strategic Blueprint LLC raised its position in shares of Inspire International ETF by 11.5% during the 4th quarter. Strategic Blueprint LLC now owns 11,031 shares of the company’s stock valued at $402,000 after purchasing an additional 1,138 shares during the period. Finally, AdvisorNet Financial Inc lifted its stake in shares of Inspire International ETF by 777.9% during the 1st quarter. AdvisorNet Financial Inc now owns 1,949 shares of the company’s stock valued at $73,000 after buying an additional 1,727 shares in the last quarter.

Inspire International ETF Company Profile

The Inspire International ESG ETF (WWJD) is an exchange-traded fund that is based on the Inspire Global Hope Ex-US index. The fund offers exposure to equity in large firms outside the US, screened for biblical values per the index provider and weighted equally. WWJD was launched on Sep 30, 2019 and is managed by Inspire.