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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totalling 2,100 shares, a decline of 19.2% from the June 30th total of 2,600 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is currently 0.3 days.

Burney U.S. Factor Rotation ETF Stock Performance

Burney U.S. Factor Rotation ETF stock traded down $0.19 during midday trading on Tuesday, hitting $37.25. 205,654 shares of the company’s stock were exchanged, compared to its average volume of 8,112. Burney U.S. Factor Rotation ETF has a 52-week low of $26.91 and a 52-week high of $38.73. The stock has a 50-day moving average price of $37.06 and a two-hundred day moving average price of $35.68. The company has a market cap of $238.41 million, a P/E ratio of 15.27 and a beta of 1.16.

Burney U.S. Factor Rotation ETF Increases Dividend

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

About Burney U.S. Factor Rotation ETF

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.