Inspire 100 ETF (NYSEARCA:BIBL) Stock Short Interest Report for September

Inspire 100 ETF (NYSEARCA:BIBL) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 14,657 shares, a decrease of 58.4% from the September 15th total of 35,233 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 48,056 shares, the short-interest ratio is currently 0.3 days.

Inspire 100 ETF Trading Down 2.1%

BIBL stock traded down $1.15 during mid-day trading on Wednesday, hitting $53.68. The stock had a trading volume of 149,310 shares, compared to its average volume of 55,502. Inspire 100 ETF has a 52 week low of $43.21 and a 52 week high of $58.17. The firm has a market capitalization of $504.59 million, a P/E ratio of 25.68 and a beta of 1.11. The firm has a fifty day simple moving average of $55.32 and a 200 day simple moving average of $54.21.

Inspire 100 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 25th were given a dividend of $0.1032 per share. The ex-dividend date was Friday, September 25th. This represents a $0.41 annualized dividend and a dividend yield of 0.8%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BIBL. AdvisorNet Financial Inc bought a new position in shares of Inspire 100 ETF in the 1st quarter valued at $42,000. Root Financial Partners LLC acquired a new position in shares of Inspire 100 ETF during the 1st quarter worth $94,000. Farther Finance Advisors LLC raised its holdings in shares of Inspire 100 ETF by 12.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 11,849 shares of the company’s stock worth $641,000 after buying an additional 1,311 shares in the last quarter. RMG Wealth Management LLC bought a new stake in shares of Inspire 100 ETF during the 1st quarter worth $1,316,000. Finally, Nations Financial Group Inc. IA ADV lifted its position in shares of Inspire 100 ETF by 18.6% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 81,087 shares of the company’s stock worth $3,823,000 after buying an additional 12,718 shares during the last quarter.

Inspire 100 ETF Company Profile

The Inspire 100 ESG ETF (BIBL) is an exchange-traded fund that is based on the Inspire 100 index, a market-cap-weighted index of large-cap US stocks, selected based on a proprietary definition of biblical values. BIBL was launched on Oct 30, 2017 and is managed by Inspire.