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 decrease in short interest in May. As of May 15th, there was short interest totaling 17,533 shares, a decrease of 38.9% from the April 30th total of 28,709 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 22,056 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

Hedge funds have recently bought and sold shares of the company. Assetmark Inc. bought a new position in Inspire Faithward Mid Cap Momentum ETF during the 3rd quarter worth approximately $35,000. Inspire Investing LLC acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF during the 4th quarter valued at approximately $40,000. EverSource Wealth Advisors LLC raised its position in shares of Inspire Faithward Mid Cap Momentum ETF by 224.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,598 shares of the company’s stock valued at $59,000 after acquiring an additional 1,106 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Inspire Faithward Mid Cap Momentum ETF by 22.2% during 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. bought a new position in Inspire Faithward Mid Cap Momentum ETF during the third quarter worth $109,000. 72.93% of the stock is currently owned by institutional investors and hedge funds.

Inspire Faithward Mid Cap Momentum ETF Trading Down 0.5%

NYSEARCA GLRY traded down $0.22 during trading hours on Thursday, reaching $41.66. 26,235 shares of the company traded hands, compared to its average volume of 25,726. The stock has a market capitalization of $158.31 million, a PE ratio of 18.98 and a beta of 1.04. Inspire Faithward Mid Cap Momentum ETF has a 12 month low of $31.95 and a 12 month high of $42.59. The company has a 50 day moving average of $40.18 and a two-hundred day moving average of $38.39.

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.