Inspire Tactical Balanced ETF (NYSEARCA:RISN – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 5,491 shares, a growth of 349.7% from the June 15th total of 1,221 shares. Based on an average daily trading volume, of 4,068 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.2% of the shares of the company are sold short.
Institutional Investors Weigh In On Inspire Tactical Balanced ETF
A number of hedge funds have recently bought and sold shares of the company. Creative Financial Designs Inc. ADV raised its stake in shares of Inspire Tactical Balanced ETF by 2.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 132,222 shares of the company’s stock valued at $3,840,000 after purchasing an additional 3,019 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in Inspire Tactical Balanced ETF by 20.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 57,312 shares of the company’s stock worth $1,644,000 after purchasing an additional 9,661 shares during the period. Root Financial Partners LLC acquired a new stake in Inspire Tactical Balanced ETF during the first quarter worth $90,000. Finally, AdvisorNet Financial Inc bought a new stake in Inspire Tactical Balanced ETF in the 1st quarter valued at $79,000.
Inspire Tactical Balanced ETF Price Performance
Shares of NYSEARCA RISN traded up $0.03 during trading hours on Friday, hitting $31.06. 2,696 shares of the stock were exchanged, compared to its average volume of 14,219. Inspire Tactical Balanced ETF has a one year low of $27.23 and a one year high of $32.25. The company’s 50 day moving average is $30.31 and its 200 day moving average is $29.87. The firm has a market capitalization of $80.76 million, a P/E ratio of 18.72 and a beta of 0.54.
About Inspire Tactical Balanced ETF
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.
Featured Stories
- Five stocks we like better than Inspire Tactical Balanced ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for Inspire Tactical Balanced ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inspire Tactical Balanced ETF and related companies with MarketBeat.com's FREE daily email newsletter.
