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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 11,925 shares, a decrease of 45.1% from the April 15th total of 21,707 shares. Based on an average daily trading volume, of 16,122 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Burney U.S. Factor Rotation ETF Stock Down 2.0%

Shares of NASDAQ BRNY traded down $1.12 on Friday, hitting $54.77. The company had a trading volume of 25,781 shares, compared to its average volume of 21,886. Burney U.S. Factor Rotation ETF has a 12-month low of $42.40 and a 12-month high of $56.00. The business has a 50 day moving average of $51.42 and a two-hundred day moving average of $50.60. The firm has a market capitalization of $535.10 million, a P/E ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were given a $0.0492 dividend. The ex-dividend date of this dividend was Monday, March 30th.

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.