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

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) was the recipient of a large increase in short interest during 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 daily trading volume, of 32,575 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the company’s stock are short sold.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Several large investors have recently bought and sold shares of GLRY. Assetmark Inc. purchased a new stake in Inspire Faithward Mid Cap Momentum ETF during the 3rd quarter worth approximately $35,000. Inspire Investing LLC purchased a new position in shares of Inspire Faithward Mid Cap Momentum ETF in the fourth quarter worth about $40,000. EverSource Wealth Advisors LLC raised its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 224.8% in the third quarter. EverSource Wealth Advisors LLC now owns 1,598 shares of the company’s stock worth $59,000 after purchasing an additional 1,106 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Inspire Faithward Mid Cap Momentum ETF by 22.2% in the first quarter. Geneos Wealth Management Inc. now owns 2,449 shares of the company’s stock worth $71,000 after purchasing an additional 445 shares during the last quarter. Finally, Centaurus Financial Inc. purchased a new position in shares of Inspire Faithward Mid Cap Momentum ETF in the third quarter worth about $109,000. Hedge funds and other institutional investors own 72.93% of the company’s stock.

Inspire Faithward Mid Cap Momentum ETF Price Performance

NYSEARCA:GLRY traded down $1.03 during trading hours on Friday, hitting $40.35. 15,521 shares of the company were exchanged, compared to its average volume of 25,669. The stock has a market capitalization of $153.33 million, a price-to-earnings ratio of 18.98 and a beta of 1.04. Inspire Faithward Mid Cap Momentum ETF has a 52-week low of $30.97 and a 52-week high of $41.90. The company’s 50 day moving average price is $39.33 and its 200-day moving average price is $37.99.

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.