Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Decreases By 66.6%

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 3,983 shares, a decrease of 66.6% from the April 30th total of 11,925 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 33,554 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

A hedge fund recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned approximately 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent reporting period.

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

NASDAQ:BRNY traded up $0.46 during mid-day trading on Monday, hitting $57.66. 5,799 shares of the company’s stock traded hands, compared to its average volume of 21,544. The firm has a 50 day moving average of $52.83 and a two-hundred day moving average of $51.11. Burney U.S. Factor Rotation ETF has a 12 month low of $42.61 and a 12 month high of $57.71. The firm has a market capitalization of $563.34 million, a price-to-earnings ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a $0.0492 dividend. The ex-dividend date of this dividend was Monday, March 30th.

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.