Inspire International ETF (NYSEARCA:WWJD) Sees Large Decline in Short Interest

Inspire International ETF (NYSEARCA:WWJD) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 39,440 shares, a decline of 67.6% from the June 15th total of 121,683 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 46,737 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Inspire International ETF

A number of institutional investors have recently made changes to their positions in WWJD. Betterment LLC raised its holdings in Inspire International ETF by 4.4% during the 4th quarter. Betterment LLC now owns 6,175 shares of the company’s stock worth $225,000 after purchasing an additional 261 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its stake in shares of Inspire International ETF by 2.0% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 31,603 shares of the company’s stock valued at $1,182,000 after purchasing an additional 617 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Inspire International ETF by 3.8% in the 3rd quarter. IFP Advisors Inc now owns 20,284 shares of the company’s stock valued at $715,000 after purchasing an additional 735 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Inspire International ETF during the first quarter worth $32,000. Finally, Strategic Blueprint LLC increased its position in shares of Inspire International ETF by 11.5% during the fourth quarter. Strategic Blueprint LLC now owns 11,031 shares of the company’s stock worth $402,000 after buying an additional 1,138 shares during the period.

Inspire International ETF Price Performance

Shares of Inspire International ETF stock traded up $0.16 during trading on Friday, hitting $38.73. The company’s stock had a trading volume of 85,736 shares, compared to its average volume of 63,284. The stock has a market cap of $534.47 million, a price-to-earnings ratio of 16.38 and a beta of 0.76. Inspire International ETF has a 52 week low of $33.59 and a 52 week high of $40.81. The stock has a 50-day moving average price of $39.02 and a two-hundred day moving average price of $38.42.

About Inspire International ETF

The Inspire International ESG ETF (WWJD) is an exchange-traded fund that is based on the Inspire Global Hope Ex-US index. The fund offers exposure to equity in large firms outside the US, screened for biblical values per the index provider and weighted equally. WWJD was launched on Sep 30, 2019 and is managed by Inspire.