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 during 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. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 11,413 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 11,413 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned 0.06% of Burney U.S. Factor Rotation ETF as of its most recent filing with the Securities and Exchange Commission.

Burney U.S. Factor Rotation ETF Stock Down 1.1%

Shares of NASDAQ:BRNY opened at $49.61 on Wednesday. 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 market cap of $579.94 million, a price-to-earnings ratio of 22.00 and a beta of 1.08. The business has a 50-day moving average price of $50.86 and a 200-day moving average price of $49.24.

Burney U.S. Factor Rotation ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.052 dividend. The ex-dividend date was Tuesday, December 23rd. 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%.

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. BRNY was launched on Oct 13, 2022 and is managed by Alpha Architect.