You can also create custom module templates for YouVersity News Slider Simply copy modules/mod_youversity_slider/tmpl/Default folder , rename it to your own template name and edit default.php within your template folder to your liking.
Once you have created your module template , your template name will be visible in module settings under parameter Select default Module Template. You can also copy your template folder to your template/html/mod_youversity_slider/ folder and create custom overides for each module instance.