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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 2,600 shares, a drop of 18.8% from the June 15th total of 3,200 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 0.4 days.

Burney U.S. Factor Rotation ETF Stock Up 0.2 %

BRNY traded up $0.08 on Monday, hitting $38.27. The company had a trading volume of 624 shares, compared to its average volume of 6,187. The company has a market cap of $244.93 million, a PE ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 12-month low of $26.91 and a 12-month high of $38.44. The business’s fifty day simple moving average is $36.78 and its 200 day simple moving average is $35.22.

Burney U.S. Factor Rotation ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 21st. Investors of record on Thursday, June 20th were given a $0.073 dividend. The ex-dividend date of this dividend was Thursday, June 20th. This is a positive change from Burney U.S. Factor Rotation ETF’s previous dividend of $0.01.

Burney U.S. Factor Rotation ETF Company Profile

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.