Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Declines By 51.7%

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 25,365 shares, a decrease of 51.7% from the August 15th total of 52,490 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 28,982 shares, the short-interest ratio is presently 0.9 days.

Burney U.S. Factor Rotation ETF Stock Performance

Shares of BRNY traded down $0.39 during mid-day trading on Tuesday, hitting $56.98. 11,278 shares of the company’s stock were exchanged, compared to its average volume of 22,039. The stock’s 50-day moving average is $58.41 and its 200-day moving average is $55.26. Burney U.S. Factor Rotation ETF has a fifty-two week low of $46.89 and a fifty-two week high of $60.15. The company has a market cap of $633.62 million, a price-to-earnings ratio of 22.00 and a beta of 1.03.

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.