Beacon Unified Catalyst ETF (NYSEARCA:BSR) Short Interest Up 12,231.8% in July

Beacon Unified Catalyst ETF (NYSEARCA:BSR) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,713 shares, an increase of 12,231.8% from the June 30th total of 22 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,040 shares, the days-to-cover ratio is presently 2.6 days.

Beacon Unified Catalyst ETF Trading Down 0.0%

Shares of Beacon Unified Catalyst ETF stock traded down $0.01 on Friday, hitting $29.75. The stock had a trading volume of 419 shares, compared to its average volume of 2,965. Beacon Unified Catalyst ETF has a 52-week low of $28.56 and a 52-week high of $31.76. The stock has a market cap of $34.21 million, a price-to-earnings ratio of 25.80 and a beta of 0.56. The company’s 50 day moving average price is $30.14 and its 200 day moving average price is $30.15.

Beacon Unified Catalyst ETF Company Profile

The Beacon Selective Risk ETF (BSR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds, specifically from Vanguard, seeking capital appreciation by investing in US equities while attempting to minimize losses in volatile markets. The fund utilizes a potential risk mitigation strategy to exit specific sectors into fixed-income securities. BSR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.