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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNYGet Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 17,714 shares, a growth of 344.7% from the May 14th total of 3,983 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 19,837 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNYFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned approximately 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent quarter.

Burney U.S. Factor Rotation ETF Stock Performance

Shares of NASDAQ:BRNY traded up $0.72 during midday trading on Friday, hitting $57.12. 16,769 shares of the company’s stock traded hands, compared to its average volume of 20,967. The company has a market cap of $558.06 million, a PE ratio of 22.00 and a beta of 1.04. The firm’s fifty day moving average price is $54.33 and its two-hundred day moving average price is $51.62. Burney U.S. Factor Rotation ETF has a twelve month low of $43.10 and a twelve month high of $57.80.

Burney U.S. Factor Rotation ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a dividend of $0.0492 per share. The ex-dividend date was Monday, March 30th.

Burney U.S. Factor Rotation ETF Company Profile

(Get Free Report)

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.

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