Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Short Interest Up 344.7% in May

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 17,714 shares, an increase of 344.7% from the May 14th total of 3,983 shares. Based on an average daily volume of 19,837 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are sold short.

Burney U.S. Factor Rotation ETF Trading Up 0.8%

Shares of NASDAQ BRNY traded up $0.43 during midday trading on Thursday, hitting $55.11. The company’s stock had a trading volume of 17,792 shares, compared to its average volume of 20,956. The stock has a fifty day moving average price of $54.18 and a 200 day moving average price of $51.56. Burney U.S. Factor Rotation ETF has a one year low of $43.10 and a one year high of $57.80. The firm has a market capitalization of $538.42 million, a price-to-earnings ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a dividend of $0.0492 per share. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Trading of Burney U.S. Factor Rotation ETF

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

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