Beacon Unified Catalyst ETF (NYSEARCA:BSR) Stock Short Interest Declines 70.8%

Beacon Unified Catalyst ETF (NYSEARCA:BSR) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 19 shares, a decline of 70.8% from the August 31st total of 65 shares. Based on an average daily volume of 477 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Beacon Unified Catalyst ETF Stock Down 0.8%

Shares of NYSEARCA BSR traded down $0.25 during mid-day trading on Monday, reaching $30.56. 116 shares of the company were exchanged, compared to its average volume of 2,485. Beacon Unified Catalyst ETF has a 52 week low of $28.94 and a 52 week high of $31.76. The stock has a market capitalization of $34.53 million, a PE ratio of 25.80 and a beta of 0.57. The company’s 50 day moving average price is $30.53 and its 200 day moving average price is $30.19.

About Beacon Unified Catalyst ETF

The Beacon Selective Risk ETF (BSR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds, specifically from Vanguard, seeking capital appreciation by investing in US equities while attempting to minimize losses in volatile markets. The fund utilizes a potential risk mitigation strategy to exit specific sectors into fixed-income securities. BSR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.