Inspire Tactical Balanced ETF (RISN) Short Interest Falls 80.4% in December
Short interest in Inspire Tactical Balanced ETF (RISN) plunged 80.4% in December to 413 shares. With ~0.06 days-to-cover, here's what investors should know.
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Short interest in the Inspire Tactical Balanced ETF (NYSEARCA: RISN) dropped dramatically in December, signaling a shift in market sentiment for the fund. As of December 31, short interest stood at just 413 shares, an 80.4% decline from the 2,105 shares reported on December 15.
Measured against an average daily trading volume of 7,141 shares, the ETF’s days-to-cover ratio fell to roughly 0.06 days. In practical terms, this means it would take a fraction of a trading day for short sellers to cover their positions — indicative of limited short-selling pressure on RISN heading into the new year.
Why this matters: short interest is a common gauge of bearish investor sentiment. A steep decline like the one seen in RISN can reflect reduced pessimism from hedge funds and traders, improved fundamentals, or simply a rebalancing of positions. For ETF investors, the change points to a lower probability of a large short squeeze driving sudden price moves.
Context is important. While the percentage decline is striking, the absolute number of shares involved remains small. Some ETFs, especially newer or niche funds, trade with lower volumes and float levels, so even modest shifts in positions can produce large percentage changes in short interest. Investors should therefore weigh both the percentage move and the absolute figures when interpreting the signal.
What investors should do: monitor trading volume and liquidity for RISN before making trades, since low-volume ETFs can create wider bid-ask spreads and higher trading costs. Keep an eye on subsequent short interest reports and regulatory filings for confirmation that the downward trend continues. Combining short interest data with performance metrics, fund strategy updates, and macro market conditions will give a clearer picture.
Bottom line: the 80.4% decrease in short interest for the Inspire Tactical Balanced ETF (RISN) and a days-to-cover near 0.06 reflect lower short-selling activity in December. While this can be interpreted as a reduction in bearish bets, the small absolute short position and trade volume mean investors should use caution and consider liquidity and broader fundamentals before acting.
Published on: January 16, 2026, 9:05 am
