Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) Stock Short Interest Report for October

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,705 shares, a decline of 85.0% from the October 15th total of 18,012 shares. Based on an average trading volume of 17,864 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Inspire Faithward Mid Cap Momentum ETF

Hedge funds have recently modified their holdings of the business. Private Advisor Group LLC acquired a new stake in shares of Inspire Faithward Mid Cap Momentum ETF in the third quarter worth $835,000. Independent Advisor Alliance raised its position in Inspire Faithward Mid Cap Momentum ETF by 18.4% during the third quarter. Independent Advisor Alliance now owns 7,788 shares of the company’s stock valued at $293,000 after buying an additional 1,211 shares during the period. OneAscent Financial Services LLC lifted its stake in Inspire Faithward Mid Cap Momentum ETF by 3.1% in the 3rd quarter. OneAscent Financial Services LLC now owns 186,612 shares of the company’s stock worth $7,074,000 after acquiring an additional 5,672 shares in the last quarter. Harbour Investments Inc. purchased a new stake in Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter worth about $506,000. Finally, Valmark Advisers Inc. purchased a new stake in Inspire Faithward Mid Cap Momentum ETF in the 3rd quarter worth about $947,000. Hedge funds and other institutional investors own 72.93% of the company’s stock.

Inspire Faithward Mid Cap Momentum ETF Stock Performance

Shares of NYSEARCA:GLRY opened at $37.68 on Wednesday. The firm has a 50 day simple moving average of $37.66 and a 200 day simple moving average of $39.56. Inspire Faithward Mid Cap Momentum ETF has a 52 week low of $34.38 and a 52 week high of $43.79. The company has a market cap of $160.14 million, a PE ratio of 18.98 and a beta of 1.03.

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.