Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Large Growth in Short Interest

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 14,000 shares, a growth of 566.7% from the October 31st total of 2,100 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is currently 1.5 days.

Burney U.S. Factor Rotation ETF Trading Down 0.8 %

BRNY stock traded down $0.33 during mid-day trading on Wednesday, reaching $43.33. The company’s stock had a trading volume of 9,462 shares, compared to its average volume of 9,891. The company has a market cap of $292.04 million, a price-to-earnings ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 12 month low of $29.92 and a 12 month high of $43.91. The business’s 50 day moving average price is $40.72 and its 200 day moving average price is $38.45.

Burney U.S. Factor Rotation ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, September 12th were issued a dividend of $0.0064 per share. The ex-dividend date was Thursday, September 12th. This represents a $0.03 annualized dividend and a dividend yield of 0.06%.

Burney U.S. Factor Rotation ETF Company Profile

The Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation ETF (BRNY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that shifts US equity exposure between size and style perceived to be advantageous for the given market phase. Individual securities are selected based on a proprietary quantitative model, using a multi-factor approach.