Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Short Interest Up 308.5% in October

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 29,000 shares, a growth of 308.5% from the September 30th total of 7,100 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is currently 1.7 days.

Burney U.S. Factor Rotation ETF Price Performance

Shares of BRNY stock traded up $0.06 during mid-day trading on Friday, hitting $40.18. The stock had a trading volume of 1,261 shares, compared to its average volume of 9,615. The firm has a market capitalization of $270.41 million, a P/E ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 12-month low of $26.91 and a 12-month high of $41.65. The firm’s 50-day moving average is $39.09 and its two-hundred day moving average is $37.44.

Burney U.S. Factor Rotation ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Thursday, September 12th were issued a dividend of $0.0064 per share. This represents a $0.03 annualized dividend and a yield of 0.06%. The ex-dividend date was Thursday, September 12th.

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.