Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Increases By 33.7%

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 13,388 shares, a growth of 33.7% from the February 12th total of 10,013 shares. Based on an average trading volume of 15,236 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 15,236 shares, the days-to-cover ratio is presently 0.9 days.

Burney U.S. Factor Rotation ETF Stock Performance

Shares of NASDAQ:BRNY opened at $48.24 on Monday. The firm has a 50 day simple moving average of $50.59 and a 200 day simple moving average of $49.41. Burney U.S. Factor Rotation ETF has a 52 week low of $34.29 and a 52 week high of $52.14. The company has a market cap of $563.93 million, a PE ratio of 22.00 and a beta of 1.08.

Burney U.S. Factor Rotation ETF Increases Dividend

The company also recently announced 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 an increase from Burney U.S. Factor Rotation ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.21 annualized dividend and a yield of 0.4%.

Institutional Trading of Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 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.