Short Interest in Beacon Selective Risk ETF (NYSEARCA:BSR) Rises By 91.7%

Beacon Selective Risk ETF (NYSEARCA:BSR) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,300 shares, an increase of 91.7% from the August 31st total of 1,200 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 5.8 days. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 5.8 days.

Beacon Selective Risk ETF Stock Performance

BSR stock opened at $29.85 on Friday. The stock has a market cap of $31.94 million, a P/E ratio of 25.80 and a beta of 0.68. The firm has a 50 day simple moving average of $29.35 and a 200 day simple moving average of $28.53. Beacon Selective Risk ETF has a 52 week low of $27.29 and a 52 week high of $35.00.

About Beacon Selective Risk ETF

The Beacon Selective Risk ETF (BSR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds, specifically from Vanguard, seeking capital appreciation by investing in US equities while attempting to minimize losses in volatile markets. The fund utilizes a potential risk mitigation strategy to exit specific sectors into fixed-income securities.