Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Short Interest Up 18.9% in February

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 10,013 shares, an increase of 18.9% from the January 29th total of 8,418 shares. Based on an average daily trading volume, of 11,413 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 11,413 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

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

Burney U.S. Factor Rotation ETF Stock Performance

Shares of Burney U.S. Factor Rotation ETF stock opened at $49.61 on Friday. The stock has a market capitalization of $579.94 million, a PE ratio of 22.00 and a beta of 1.08. Burney U.S. Factor Rotation ETF has a 52 week low of $34.29 and a 52 week high of $52.14. The stock has a 50 day moving average price of $50.80 and a two-hundred day moving average price of $49.24.

Burney U.S. Factor Rotation ETF Increases Dividend

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

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.