Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Short Interest Update

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 23,677 shares, a decline of 28.6% from the December 31st total of 33,175 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 22,682 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 22,682 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

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 position in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned approximately 0.06% of Burney U.S. Factor Rotation ETF as of its most recent filing with the Securities & Exchange Commission.

Burney U.S. Factor Rotation ETF Stock Down 1.1%

Shares of NASDAQ:BRNY opened at $51.40 on Friday. The company’s 50-day moving average price is $50.63 and its 200 day moving average price is $48.46. The company has a market cap of $498.02 million, a PE ratio of 22.00 and a beta of 1.08. Burney U.S. Factor Rotation ETF has a fifty-two week low of $34.29 and a fifty-two week high of $52.14.

Burney U.S. Factor Rotation ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a $0.052 dividend. This is a positive change from Burney U.S. Factor Rotation ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.21 dividend on an annualized basis and a yield of 0.4%.

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.