Inspire International ETF (NYSEARCA:WWJD) Short Interest Update

Inspire International ETF (NYSEARCA:WWJD) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 39,440 shares, a drop of 67.6% from the June 15th total of 121,683 shares. Based on an average daily trading volume, of 46,737 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Inspire International ETF Stock Up 0.6%

Shares of NYSEARCA:WWJD traded up $0.23 during midday trading on Tuesday, hitting $38.80. The stock had a trading volume of 58,444 shares, compared to its average volume of 63,110. The company’s 50-day moving average price is $38.99 and its 200-day moving average price is $38.47. Inspire International ETF has a fifty-two week low of $33.59 and a fifty-two week high of $40.81. The company has a market capitalization of $535.44 million, a P/E ratio of 16.38 and a beta of 0.76.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Mosaic Family Wealth Partners LLC lifted its stake in Inspire International ETF by 2.0% during the first quarter. Mosaic Family Wealth Partners LLC now owns 31,603 shares of the company’s stock worth $1,182,000 after purchasing an additional 617 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Inspire International ETF in the 1st quarter valued at $32,000. AdvisorNet Financial Inc raised its holdings in shares of Inspire International ETF by 777.9% during the 1st quarter. AdvisorNet Financial Inc now owns 1,949 shares of the company’s stock worth $73,000 after buying an additional 1,727 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Inspire International ETF by 23.3% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 50,991 shares of the company’s stock worth $1,907,000 after buying an additional 9,652 shares during the last quarter. Finally, Advisory Services Network LLC lifted its position in shares of Inspire International ETF by 54.5% during the 4th quarter. Advisory Services Network LLC now owns 24,403 shares of the company’s stock worth $890,000 after buying an additional 8,611 shares during the last quarter.

About Inspire International ETF

The Inspire International ESG ETF (WWJD) is an exchange-traded fund that is based on the Inspire Global Hope Ex-US index. The fund offers exposure to equity in large firms outside the US, screened for biblical values per the index provider and weighted equally. WWJD was launched on Sep 30, 2019 and is managed by Inspire.