Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Increases By 161.6%

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 21,707 shares, a growth of 161.6% from the March 31st total of 8,299 shares. Based on an average daily volume of 24,840 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds 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 shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 Up 0.1%

Shares of BRNY stock opened at $54.05 on Tuesday. Burney U.S. Factor Rotation ETF has a 12-month low of $39.39 and a 12-month high of $54.22. The company has a market capitalization of $526.45 million, a P/E ratio of 22.00 and a beta of 1.04. The firm has a 50-day moving average price of $50.27 and a 200 day moving average price of $50.05.

Burney U.S. Factor Rotation ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were given a dividend of $0.0492 per share. The ex-dividend date was Monday, March 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. BRNY was launched on Oct 13, 2022 and is managed by Alpha Architect.