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

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 28,723 shares, a growth of 48.9% from the December 15th total of 19,292 shares. Based on an average daily trading volume, of 14,666 shares, the short-interest ratio is presently 2.0 days. Approximately 0.8% of the company’s shares are sold short. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 14,666 shares, the short-interest ratio is presently 2.0 days.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Hedge funds have recently modified their holdings of the business. OneAscent Financial Services LLC increased its position in Inspire Faithward Mid Cap Momentum ETF by 47.4% during the 3rd quarter. OneAscent Financial Services LLC now owns 214,160 shares of the company’s stock valued at $7,967,000 after buying an additional 68,856 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new position in shares of Inspire Faithward Mid Cap Momentum ETF during the third quarter valued at $1,056,000. Goldman Sachs Group Inc. purchased a new position in shares of Inspire Faithward Mid Cap Momentum ETF in the 1st quarter worth about $586,000. Inspire Advisors LLC raised its position in shares of Inspire Faithward Mid Cap Momentum ETF by 8.2% in the 2nd quarter. Inspire Advisors LLC now owns 191,820 shares of the company’s stock worth $6,319,000 after purchasing an additional 14,540 shares during the last quarter. Finally, Arlington Capital Management Inc. bought a new position in Inspire Faithward Mid Cap Momentum ETF in the 4th quarter worth about $471,000. Institutional investors own 72.93% of the company’s stock.

Inspire Faithward Mid Cap Momentum ETF Stock Performance

GLRY stock traded down $0.02 on Friday, reaching $38.34. The company’s stock had a trading volume of 29,700 shares, compared to its average volume of 41,573. Inspire Faithward Mid Cap Momentum ETF has a 12-month low of $25.24 and a 12-month high of $38.53. The business has a fifty day simple moving average of $36.43 and a two-hundred day simple moving average of $35.66. The firm has a market cap of $138.02 million, a PE ratio of 18.98 and a beta of 0.96.

Inspire Faithward Mid Cap Momentum ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 17th were paid a $0.0079 dividend. This represents a $0.03 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, December 17th.

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.