Inspire Tactical Balanced ETF (NYSEARCA:RISN) Short Interest Down 12.1% in January

by · The Cerbat Gem

Inspire Tactical Balanced ETF (NYSEARCA:RISN – Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 363 shares, a decrease of 12.1% from the December 31st total of 413 shares. Based on an average trading volume of 23,783 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 23,783 shares, the days-to-cover ratio is currently 0.0 days.

Inspire Tactical Balanced ETF Stock Performance

Shares of Inspire Tactical Balanced ETF stock opened at $29.65 on Wednesday. The business has a 50-day simple moving average of $29.72 and a 200-day simple moving average of $29.26. Inspire Tactical Balanced ETF has a one year low of $23.55 and a one year high of $31.18. The company has a market cap of $86.58 million, a PE ratio of 18.72 and a beta of 0.54.

Inspire Tactical Balanced ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 17th were issued a $0.073 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, December 17th.

Institutional Trading of Inspire Tactical Balanced ETF

An institutional investor recently bought a new position in Inspire Tactical Balanced ETF stock. Nations Financial Group Inc. IA ADV acquired a new position in shares of Inspire Tactical Balanced ETF (NYSEARCA:RISN – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 31,271 shares of the company’s stock, valued at approximately $932,000. Nations Financial Group Inc. IA ADV owned about 1.01% of Inspire Tactical Balanced ETF at the end of the most recent quarter.

About Inspire Tactical Balanced ETF

(Get Free Report)

The Inspire Tactical Large Cap ESG ETF (RISN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that tactically shift exposure between US equities and treasurys, or other defensive assets, that are screened for biblically-aligned criteria as defined by the Issuer. RISN was launched on Jul 15, 2020 and is managed by Inspire.

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