Short Interest in Beacon Tactical Risk ETF (NYSEARCA:BTR) Expands By 3,501.9%

Beacon Tactical Risk ETF (NYSEARCA:BTR) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,873 shares, a growth of 3,501.9% from the May 31st total of 52 shares. Based on an average daily volume of 2,010 shares, the short-interest ratio is presently 0.9 days. Approximately 0.1% of the company’s stock are short sold.

Beacon Tactical Risk ETF Stock Performance

Shares of Beacon Tactical Risk ETF stock traded up $0.14 during mid-day trading on Friday, hitting $27.57. 2,321 shares of the stock were exchanged, compared to its average volume of 3,658. Beacon Tactical Risk ETF has a 12 month low of $23.79 and a 12 month high of $27.84. The company has a 50-day simple moving average of $27.33 and a 200 day simple moving average of $26.56. The company has a market capitalization of $36.94 million, a P/E ratio of 20.15 and a beta of 0.61.

About Beacon Tactical Risk ETF

The Beacon Tactical Risk ETF (BTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds seeking capital appreciation. The fund invests equally across US equity sectors, while attempting to minimize losses in volatile markets BTR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.