Burney U.S. Factor Rotation ETF (NASDAQ:BRNY – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 2,100 shares, a decline of 92.8% from the October 15th total of 29,000 shares. Based on an average daily trading volume, of 8,300 shares, the days-to-cover ratio is presently 0.3 days.
Burney U.S. Factor Rotation ETF Price Performance
Shares of NASDAQ:BRNY traded up $0.16 during trading on Wednesday, hitting $43.13. 132 shares of the company were exchanged, compared to its average volume of 9,607. The stock has a market capitalization of $290.70 million, a P/E ratio of 15.27 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 12-month low of $29.63 and a 12-month high of $43.19. The firm’s 50 day moving average price is $39.62 and its 200-day moving average price is $37.90.
Burney U.S. Factor Rotation ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Thursday, September 12th were given a $0.0064 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $0.03 annualized dividend and a yield of 0.06%.
Burney U.S. Factor Rotation ETF Company Profile
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.
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