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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 20,200 shares, an increase of 431.6% from the December 15th total of 3,800 shares. Based on an average trading volume of 12,000 shares, the days-to-cover ratio is presently 1.7 days.

Burney U.S. Factor Rotation ETF Price Performance

Shares of NASDAQ BRNY traded up $0.39 during trading on Wednesday, hitting $41.76. The stock had a trading volume of 8,211 shares, compared to its average volume of 11,214. Burney U.S. Factor Rotation ETF has a 12 month low of $31.97 and a 12 month high of $44.72. The company has a market capitalization of $295.66 million, a PE ratio of 15.27 and a beta of 1.16. The firm has a fifty day moving average of $42.58 and a two-hundred day moving average of $39.88.

Burney U.S. Factor Rotation ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were given a dividend of $0.0051 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.