Inspire Tactical Balanced ETF (NYSEARCA:RISN) Short Interest Update

Inspire Tactical Balanced ETF (NYSEARCA:RISN) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 2,105 shares, an increase of 152.7% from the November 30th total of 833 shares. Based on an average trading volume of 4,189 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,189 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Inspire Tactical Balanced ETF

An institutional investor recently raised its position in Inspire Tactical Balanced ETF stock. Creative Financial Designs Inc. ADV increased its stake in Inspire Tactical Balanced ETF (NYSEARCA:RISN) by 1.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 129,203 shares of the company’s stock after acquiring an additional 1,585 shares during the period. Creative Financial Designs Inc. ADV owned about 4.17% of Inspire Tactical Balanced ETF worth $3,853,000 as of its most recent SEC filing.

Inspire Tactical Balanced ETF Trading Up 0.6%

Shares of NYSEARCA RISN traded up $0.19 during midday trading on Friday, hitting $29.65. 46,526 shares of the company’s stock were exchanged, compared to its average volume of 7,781. The business’s fifty day moving average price is $29.40 and its two-hundred day moving average price is $28.73. The company has a market cap of $91.92 million, a price-to-earnings ratio of 18.72 and a beta of 0.54. Inspire Tactical Balanced ETF has a 12-month low of $23.55 and a 12-month high of $31.18.

Inspire Tactical Balanced ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 17th were paid a $0.073 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, December 17th.

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.