Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Short Interest Up 33.7% in February

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 13,388 shares, a growth of 33.7% from the February 12th total of 10,013 shares. Based on an average daily volume of 15,236 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 15,236 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 as of its most recent SEC filing.

Burney U.S. Factor Rotation ETF Trading Up 0.6%

Shares of BRNY stock opened at $48.51 on Tuesday. The firm’s fifty day moving average price is $50.54 and its two-hundred day moving average price is $49.42. Burney U.S. Factor Rotation ETF has a 1 year low of $34.29 and a 1 year high of $52.14. The firm has a market capitalization of $567.08 million, a P/E ratio of 22.00 and a beta of 1.08.

Burney U.S. Factor Rotation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a $0.052 dividend. This is an increase from Burney U.S. Factor Rotation ETF’s previous quarterly dividend of $0.02. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, December 23rd.

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.