Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Rises By 110.6%

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 33,175 shares, an increase of 110.6% from the December 15th total of 15,752 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 16,667 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 16,667 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.3% of the shares of the company are sold short.

Burney U.S. Factor Rotation ETF Price Performance

Shares of Burney U.S. Factor Rotation ETF stock opened at $51.35 on Wednesday. Burney U.S. Factor Rotation ETF has a 1-year low of $34.29 and a 1-year high of $51.77. The company’s fifty day simple moving average is $49.91 and its 200-day simple moving average is $47.95. The stock has a market capitalization of $496.04 million, a PE ratio of 22.00 and a beta of 1.08.

Burney U.S. Factor Rotation ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were paid a dividend of $0.052 per share. This is a boost from Burney U.S. Factor Rotation ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, December 23rd. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.4%.

About Burney U.S. Factor Rotation ETF

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. BRNY was launched on Oct 13, 2022 and is managed by Alpha Architect.