Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Large Increase in Short Interest

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 20,200 shares, a growth of 431.6% from the December 15th total of 3,800 shares. Based on an average trading volume of 12,000 shares, the days-to-cover ratio is currently 1.7 days.

Burney U.S. Factor Rotation ETF Stock Performance

Burney U.S. Factor Rotation ETF stock traded up $0.39 during mid-day trading on Wednesday, hitting $41.76. The company’s stock had a trading volume of 8,211 shares, compared to its average volume of 11,214. The company has a 50 day moving average of $42.58 and a 200-day moving average of $39.88. The stock has a market cap of $295.66 million, a PE ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a one year low of $31.97 and a one year high of $44.72.

Burney U.S. Factor Rotation ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a dividend of $0.0051 per share. The ex-dividend date was Monday, December 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.