Beacon Unified Catalyst ETF (NYSEARCA:BSR) Short Interest Up 12,231.8% in July

Beacon Unified Catalyst ETF (NYSEARCA:BSR) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 2,713 shares, an increase of 12,231.8% from the June 30th total of 22 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,040 shares, the days-to-cover ratio is presently 2.6 days.

Beacon Unified Catalyst ETF Price Performance

Shares of NYSEARCA BSR traded down $0.01 during midday trading on Friday, hitting $29.75. 419 shares of the company’s stock were exchanged, compared to its average volume of 2,965. The firm’s fifty day simple moving average is $30.14 and its 200-day simple moving average is $30.15. The company has a market cap of $34.21 million, a PE ratio of 25.80 and a beta of 0.56. Beacon Unified Catalyst ETF has a twelve month low of $28.56 and a twelve month high of $31.76.

About Beacon Unified Catalyst ETF

The Beacon Selective Risk ETF (BSR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds, specifically from Vanguard, seeking capital appreciation by investing in US equities while attempting to minimize losses in volatile markets. The fund utilizes a potential risk mitigation strategy to exit specific sectors into fixed-income securities. BSR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.