Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 40,926 shares, an increase of 97.7% from the July 30th total of 20,703 shares. Based on an average daily trading volume, of 32,715 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.8% of the company’s shares are short sold.
Inspire Fidelis Multi Factor ETF Trading Up 0.0%
Inspire Fidelis Multi Factor ETF stock opened at $42.68 on Tuesday. The firm has a market cap of $232.61 million, a P/E ratio of 16.55 and a beta of 1.04. Inspire Fidelis Multi Factor ETF has a 1-year low of $33.36 and a 1-year high of $44.01. The firm has a 50-day moving average of $42.51 and a 200-day moving average of $40.44.
Institutional Investors Weigh In On Inspire Fidelis Multi Factor ETF
Large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. purchased a new position in shares of Inspire Fidelis Multi Factor ETF during the first quarter valued at approximately $497,000. Raymond James Financial Inc. purchased a new stake in Inspire Fidelis Multi Factor ETF in the second quarter worth $58,000. Osaic Holdings Inc. boosted its holdings in Inspire Fidelis Multi Factor ETF by 56.2% in the second quarter. Osaic Holdings Inc. now owns 2,451 shares of the company’s stock valued at $78,000 after acquiring an additional 882 shares in the last quarter. Citadel Advisors LLC bought a new stake in Inspire Fidelis Multi Factor ETF in the third quarter valued at $317,000. Finally, Strategic Blueprint LLC purchased a new position in Inspire Fidelis Multi Factor ETF during the 4th quarter valued at $270,000.
Inspire Fidelis Multi Factor ETF Company Profile
The Inspire Fidelis Multi Factor ETF (FDLS) is an exchange-traded fund that is based on the WI Fidelis Multi-Cap, Multi-Factor index. The fund tracks an equal-weighted index that provides exposure to 100 US-listed stocks of various sectors and market capitalizations. Selection is based on high quality, value, and momentum characteristics that include a Christian values component, as defined by the issuer. FDLS was launched on Aug 23, 2022 and is managed by Inspire.
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