Short Interest in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Drops By 45.0%

Posted by Paula Ricardo on Dec 14th, 2024

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY – Get Free Report) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 7,700 shares, a drop of 45.0% from the November 15th total of 14,000 shares. Based on an average trading volume of 9,600 shares, the short-interest ratio is currently 0.8 days.

Burney U.S. Factor Rotation ETF Price Performance

NASDAQ:BRNY traded down $0.25 during mid-day trading on Friday, reaching $42.92. The stock had a trading volume of 8,800 shares, compared to its average volume of 9,806. The company has a market capitalization of $289.28 million, a price-to-earnings ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 1-year low of $31.66 and a 1-year high of $44.72. The stock’s 50 day simple moving average is $41.80 and its two-hundred day simple moving average is $39.04.

Burney U.S. Factor Rotation ETF Company Profile

(Get Free Report)

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.