Beacon Selective Risk ETF (NYSEARCA:BSR) Sees Large Drop in Short Interest

Beacon Selective Risk ETF (NYSEARCA:BSR) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 42 shares, a decline of 40.8% from the December 15th total of 71 shares. Based on an average trading volume of 833 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 833 shares, the short-interest ratio is presently 0.1 days.

Beacon Selective Risk ETF Stock Performance

BSR traded down $0.05 during trading on Friday, reaching $30.16. The stock had a trading volume of 1,542 shares, compared to its average volume of 522. The business has a 50-day moving average of $29.87 and a 200-day moving average of $29.52. Beacon Selective Risk ETF has a one year low of $27.29 and a one year high of $35.00. The stock has a market cap of $39.51 million, a PE ratio of 25.80 and a beta of 0.67.

Beacon Selective Risk ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Friday, December 26th were given a dividend of $0.8476 per share. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 287.0%.

Beacon Selective Risk ETF Company Profile

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.