Inspire Global Hope ETF (NYSEARCA:BLES) Short Interest Up 119.9% in December

by · The Cerbat Gem

Inspire Global Hope ETF (NYSEARCA:BLES – Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 18,754 shares, an increase of 119.9% from the November 30th total of 8,530 shares. Based on an average daily volume of 7,534 shares, the short-interest ratio is presently 2.5 days. Currently, 0.6% of the company’s shares are sold short. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 7,534 shares, the short-interest ratio is presently 2.5 days.

Hedge Funds Weigh In On Inspire Global Hope ETF

Several institutional investors have recently modified their holdings of the stock. Vicus Capital raised its position in shares of Inspire Global Hope ETF by 8.3% in the 2nd quarter. Vicus Capital now owns 14,051 shares of the company’s stock valued at $571,000 after acquiring an additional 1,078 shares during the period. Flow Traders U.S. LLC bought a new stake in Inspire Global Hope ETF in the third quarter valued at approximately $823,000. JPMorgan Chase & Co. raised its holdings in Inspire Global Hope ETF by 15.6% in the third quarter. JPMorgan Chase & Co. now owns 19,810 shares of the company’s stock worth $841,000 after purchasing an additional 2,673 shares during the period. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in Inspire Global Hope ETF in the third quarter worth $1,318,000.

Inspire Global Hope ETF Trading Up 0.3%

Shares of NYSEARCA:BLES traded up $0.13 during trading on Friday, hitting $43.68. 4,170 shares of the company’s stock were exchanged, compared to its average volume of 14,776. The firm has a market cap of $128.86 million, a P/E ratio of 18.40 and a beta of 0.98. The firm has a 50-day moving average price of $42.87 and a two-hundred day moving average price of $42.04. Inspire Global Hope ETF has a 1-year low of $33.30 and a 1-year high of $43.81.

Inspire Global Hope ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 17th were paid a dividend of $0.2194 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Inspire Global Hope ETF’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 17th.

About Inspire Global Hope ETF

(Get Free Report)

The Inspire Global Hope ESG ETF (BLES) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an equal-weighted index of 400 large-cap stocks selected for their alignment with the Issuer’s biblical values. BLES was launched on Feb 28, 2017 and is managed by Inspire.

See Also