An enhanced slide and a circumferential stop assembly for use with a bowfishing arrow may include matching shapes for engaging one another in use. The engagement of such matching shapes offers many improvements over conventional slide and stop assemblies, including an even circumferential distribution of impact between the slide and the stop as well as inhibiting relative longitudinal or rotational movement between the slide and stop assemblies. The stop assembly may further include a nock adapter for engaging a nock, thereby serving as a dual purpose adapter. For ease of use and installation, the stop assembly may be an outsert, meaning that it is adapted to fit snugly over an arrow shaft.