Inspire Tactical Balanced ETF (NYSEARCA:RISN) Sees Significant Decline in Short Interest

Inspire Tactical Balanced ETF (NYSEARCA:RISN – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 507 shares, a drop of 92.1% from the September 15th total of 6,413 shares. Based on an average daily trading volume, of 2,029 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Inspire Tactical Balanced ETF

Large investors have recently added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV lifted its stake 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 valued at $1,644,000 after buying an additional 9,661 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Inspire Tactical Balanced ETF during the 1st quarter worth approximately $90,000. AdvisorNet Financial Inc acquired a new stake in shares of Inspire Tactical Balanced ETF during the 1st quarter worth approximately $79,000. Finally, Continuum Advisory LLC bought a new stake in shares of Inspire Tactical Balanced ETF in the 2nd quarter valued at $45,000.

Inspire Tactical Balanced ETF Trading Up 0.2%

RISN stock traded up $0.06 during midday trading on Friday, hitting $30.51. The stock had a trading volume of 5,038 shares, compared to its average volume of 10,965. The firm has a market cap of $68.65 million, a P/E ratio of 18.72 and a beta of 0.53. Inspire Tactical Balanced ETF has a 1-year low of $28.16 and a 1-year high of $32.25. The business has a fifty day moving average price of $30.92 and a two-hundred day moving average price of $30.40.

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.

Further Reading

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.