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

Inspire Faithward Mid Cap Momentum ETF (NYSEARCA:GLRY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 28,723 shares, a growth of 48.9% from the December 15th total of 19,292 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 14,666 shares, the short-interest ratio is presently 2.0 days. Based on an average daily volume of 14,666 shares, the short-interest ratio is presently 2.0 days. Approximately 0.8% of the shares of the company are sold short.

Hedge Funds Weigh In On Inspire Faithward Mid Cap Momentum ETF

Several institutional investors have recently bought and sold shares of GLRY. CWM LLC increased its position in Inspire Faithward Mid Cap Momentum ETF by 1.8% in the second quarter. CWM LLC now owns 24,692 shares of the company’s stock worth $813,000 after buying an additional 430 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Inspire Faithward Mid Cap Momentum ETF by 22.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,449 shares of the company’s stock valued at $71,000 after buying an additional 445 shares during the last quarter. Assetmark Inc. bought a new position in shares of Inspire Faithward Mid Cap Momentum ETF during the 3rd quarter worth $35,000. EverSource Wealth Advisors LLC increased its holdings in Inspire Faithward Mid Cap Momentum ETF by 224.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,598 shares of the company’s stock worth $59,000 after acquiring an additional 1,106 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in Inspire Faithward Mid Cap Momentum ETF by 16.7% in the 2nd quarter. Osaic Holdings Inc. now owns 12,116 shares of the company’s stock valued at $399,000 after acquiring an additional 1,732 shares during the period. Hedge funds and other institutional investors own 72.93% of the company’s stock.

Inspire Faithward Mid Cap Momentum ETF Stock Down 0.1%

GLRY traded down $0.02 during trading on Friday, hitting $38.34. 29,700 shares of the company traded hands, compared to its average volume of 41,573. The firm has a market cap of $138.02 million, a P/E ratio of 18.98 and a beta of 0.96. The stock’s fifty day moving average is $36.43 and its 200 day moving average is $35.66. Inspire Faithward Mid Cap Momentum ETF has a one year low of $25.24 and a one year high of $38.53.

Inspire Faithward Mid Cap Momentum ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.0079 per share. The ex-dividend date was Wednesday, December 17th. This represents a $0.03 annualized dividend and a dividend yield of 0.1%.

Inspire Faithward Mid Cap Momentum ETF Company Profile

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.