Inspire Tactical Balanced ETF (NYSEARCA:RISN) Stock Short Interest Report for September

Inspire Tactical Balanced ETF (NYSEARCA:RISN) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 507 shares, a decline of 92.1% from the September 15th total of 6,413 shares. Based on an average trading volume of 2,029 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Inspire Tactical Balanced ETF Trading Up 0.2%

Shares of NYSEARCA RISN traded up $0.06 during trading hours on Friday, reaching $30.51. The stock had a trading volume of 5,038 shares, compared to its average volume of 10,965. The firm has a market cap of $68.65 million, a price-to-earnings ratio of 18.72 and a beta of 0.53. Inspire Tactical Balanced ETF has a fifty-two week low of $28.16 and a fifty-two week high of $32.25. The firm has a 50-day moving average of $30.92 and a 200-day moving average of $30.41.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Nations Financial Group Inc. IA ADV increased its stake in Inspire Tactical Balanced ETF by 20.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 57,312 shares of the company’s stock valued at $1,644,000 after buying an additional 9,661 shares during the period. Root Financial Partners LLC acquired a new position in shares of Inspire Tactical Balanced ETF during the 1st quarter worth $90,000. AdvisorNet Financial Inc purchased a new stake in shares of Inspire Tactical Balanced ETF in the first quarter valued at about $79,000. Finally, Continuum Advisory LLC purchased a new stake in Inspire Tactical Balanced ETF in the 2nd quarter valued at approximately $45,000.

Inspire Tactical Balanced ETF Company Profile

The Inspire Tactical Large Cap ESG ETF (RISN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that tactically shift exposure between US equities and treasurys, or other defensive assets, that are screened for biblically-aligned criteria as defined by the Issuer. RISN was launched on Jul 15, 2020 and is managed by Inspire.