Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) Short Interest Up 98.3% in June

Inspire Small/Mid Cap ETF (NYSEARCA:ISMDGet Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 110,717 shares, a growth of 98.3% from the June 15th total of 55,835 shares. Based on an average daily volume of 21,836 shares, the days-to-cover ratio is currently 5.1 days. Approximately 1.6% of the company’s stock are sold short.

Inspire Small/Mid Cap ETF Trading Up 0.4%

Inspire Small/Mid Cap ETF stock opened at $49.30 on Thursday. The stock has a market cap of $330.31 million, a P/E ratio of 16.03 and a beta of 1.02. The company has a fifty day simple moving average of $47.50 and a 200-day simple moving average of $43.64. Inspire Small/Mid Cap ETF has a 12-month low of $34.67 and a 12-month high of $50.48.

Institutional Trading of Inspire Small/Mid Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC purchased a new stake in Inspire Small/Mid Cap ETF during the 4th quarter worth about $35,000. AdvisorNet Financial Inc purchased a new position in shares of Inspire Small/Mid Cap ETF in the 1st quarter valued at about $46,000. Root Financial Partners LLC purchased a new position in shares of Inspire Small/Mid Cap ETF in the 1st quarter valued at about $66,000. Strategic Blueprint LLC acquired a new stake in shares of Inspire Small/Mid Cap ETF during the 4th quarter worth about $218,000. Finally, Mosaic Family Wealth Partners LLC raised its position in shares of Inspire Small/Mid Cap ETF by 3.9% during the 4th quarter. Mosaic Family Wealth Partners LLC now owns 7,694 shares of the company’s stock worth $297,000 after acquiring an additional 290 shares in the last quarter.

Inspire Small/Mid Cap ETF Company Profile

(Get Free Report)

The Inspire Small\u002FMid Cap Impact ESG ETF (ISMD) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of 500 small- and mid-cap US stocks that are screened for alignment with biblical values defined by the Issuer. ISMD was launched on Feb 28, 2017 and is managed by Inspire.

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