Beacon Tactical Risk ETF (NYSEARCA:BTR) Sees Significant Increase in Short Interest

Beacon Tactical Risk ETF (NYSEARCA:BTR) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,873 shares, a growth of 3,501.9% from the May 31st total of 52 shares. Based on an average daily trading volume, of 2,010 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s shares are sold short.

Beacon Tactical Risk ETF Trading Up 0.3%

Shares of BTR traded up $0.08 during midday trading on Thursday, hitting $27.43. The stock had a trading volume of 3,379 shares, compared to its average volume of 3,666. The business has a 50-day simple moving average of $27.30 and a two-hundred day simple moving average of $26.54. The firm has a market cap of $36.76 million, a P/E ratio of 20.15 and a beta of 0.61. Beacon Tactical Risk ETF has a fifty-two week low of $23.69 and a fifty-two week high of $27.84.

About Beacon Tactical Risk ETF

The Beacon Tactical Risk ETF (BTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds seeking capital appreciation. The fund invests equally across US equity sectors, while attempting to minimize losses in volatile markets BTR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.