Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Rises By 33.7%

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 13,388 shares, an increase of 33.7% from the February 12th total of 10,013 shares. Based on an average daily trading volume, of 15,236 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 15,236 shares, the short-interest ratio is currently 0.9 days.

Burney U.S. Factor Rotation ETF Trading Down 1.0%

BRNY opened at $48.24 on Friday. The company has a market cap of $563.93 million, a P/E ratio of 22.00 and a beta of 1.08. The business’s 50-day moving average price is $50.59 and its 200-day moving average price is $49.39. Burney U.S. Factor Rotation ETF has a 12 month low of $34.29 and a 12 month high of $52.14.

Burney U.S. Factor Rotation ETF Increases Dividend

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

Institutional Trading of 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. acquired a new stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned 0.06% of Burney U.S. Factor Rotation ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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