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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 11,925 shares, a decrease of 45.1% from the April 15th total of 21,707 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 16,122 shares, the days-to-cover ratio is currently 0.7 days.

Burney U.S. Factor Rotation ETF Trading Down 2.0%

NASDAQ:BRNY traded down $1.12 on Friday, hitting $54.77. 25,781 shares of the stock were exchanged, compared to its average volume of 21,886. The stock has a market cap of $535.10 million, a PE ratio of 22.00 and a beta of 1.04. The stock has a fifty day moving average of $51.42 and a 200-day moving average of $50.60. Burney U.S. Factor Rotation ETF has a fifty-two week low of $42.40 and a fifty-two week high of $56.00.

Burney U.S. Factor Rotation ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were given a $0.0492 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Investors 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. bought a new position in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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 at the end of the most recent reporting period.

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.