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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 25,365 shares, a decrease of 51.7% from the August 15th total of 52,490 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 28,982 shares, the days-to-cover ratio is currently 0.9 days.

Burney U.S. Factor Rotation ETF Stock Performance

Shares of NASDAQ BRNY traded up $0.36 during midday trading on Wednesday, reaching $57.35. The stock had a trading volume of 8,314 shares, compared to its average volume of 21,961. The company has a market capitalization of $637.73 million, a price-to-earnings ratio of 22.00 and a beta of 1.03. Burney U.S. Factor Rotation ETF has a 12-month low of $46.89 and a 12-month high of $60.15. The stock has a 50-day moving average of $58.39 and a 200-day moving average of $55.31.

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.