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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a large growth in short interest in 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 short-interest ratio is currently 1.7 days.

Burney U.S. Factor Rotation ETF Stock Performance

Shares of BRNY remained flat at $41.37 during midday trading on Tuesday. The stock had a trading volume of 2,481 shares, compared to its average volume of 10,498. The firm has a market cap of $292.90 million, a price-to-earnings ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 1-year low of $31.97 and a 1-year high of $44.72. The stock’s 50-day moving average is $42.55 and its two-hundred day moving average is $39.85.

Burney U.S. Factor Rotation ETF Cuts Dividend

The firm 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.