Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Significant Decline in Short Interest

by · The Markets Daily

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY – Get Free Report) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 3,800 shares, a decrease of 50.6% from the November 30th total of 7,700 shares. Based on an average trading volume of 11,200 shares, the short-interest ratio is presently 0.3 days.

Burney U.S. Factor Rotation ETF Stock Performance

BRNY traded down $0.51 during trading on Friday, hitting $42.04. The stock had a trading volume of 4,400 shares, compared to its average volume of 9,983. The stock has a 50 day simple moving average of $42.18 and a two-hundred day simple moving average of $39.47. Burney U.S. Factor Rotation ETF has a twelve month low of $31.69 and a twelve month high of $44.72. The company has a market capitalization of $283.35 million, a PE ratio of 15.27 and a beta of 1.16.

About Burney U.S. Factor Rotation ETF

(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.

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