Beacon Tactical Risk ETF (NYSEARCA:BTR) Sees Large Drop in Short Interest

Beacon Tactical Risk ETF (NYSEARCA:BTR) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 435 shares, a decline of 46.5% from the November 30th total of 813 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 67 shares, the short-interest ratio is currently 6.5 days. Based on an average daily trading volume, of 67 shares, the short-interest ratio is currently 6.5 days. Currently, 0.0% of the company’s shares are short sold.

Beacon Tactical Risk ETF Trading Down 1.4%

Shares of Beacon Tactical Risk ETF stock opened at $25.56 on Friday. The business has a 50-day moving average price of $25.43 and a two-hundred day moving average price of $24.84. Beacon Tactical Risk ETF has a 1-year low of $23.16 and a 1-year high of $27.58. The company has a market cap of $28.37 million, a P/E ratio of 20.15 and a beta of 0.66.

Beacon Tactical Risk ETF Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, January 2nd. Shareholders of record on Friday, December 26th will be issued a $0.3262 dividend. This represents a yield of 128.0%. The ex-dividend date is Friday, December 26th.

Beacon Tactical Risk ETF Company Profile

The Beacon Tactical Risk ETF (BTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds seeking capital appreciation. The fund invests equally across US equity sectors, while attempting to minimize losses in volatile markets BTR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.