Beacon Selective Risk ETF (NYSEARCA:BSR) Sees Large Growth in Short Interest

Beacon Selective Risk ETF (NYSEARCA:BSR) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,300 shares, a growth of 91.7% from the August 31st total of 1,200 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 5.8 days. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 5.8 days.

Beacon Selective Risk ETF Stock Performance

Shares of NYSEARCA:BSR opened at $29.92 on Tuesday. The company has a 50 day moving average price of $29.37 and a two-hundred day moving average price of $28.54. The company has a market capitalization of $32.01 million, a PE ratio of 25.80 and a beta of 0.68. Beacon Selective Risk ETF has a 52 week low of $27.29 and a 52 week high of $35.00.

Beacon Selective Risk ETF Company Profile

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.