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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 23,677 shares, a decrease of 28.6% from the December 31st total of 33,175 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 22,682 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 22,682 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

Burney U.S. Factor Rotation ETF Stock Performance

NASDAQ BRNY opened at $51.40 on Friday. Burney U.S. Factor Rotation ETF has a one year low of $34.29 and a one year high of $52.14. The company has a 50-day simple moving average of $50.63 and a 200-day simple moving average of $48.46. The firm has a market capitalization of $498.02 million, a PE ratio of 22.00 and a beta of 1.08.

Burney U.S. Factor Rotation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.052 per share. This represents a $0.21 annualized dividend and a dividend yield of 0.4%. This is a boost 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.

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. acquired a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned about 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent reporting period.

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.