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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNYGet Free Report) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 14,248 shares, a drop of 43.7% from the June 30th total of 25,285 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 17,384 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNYFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent reporting period.

Burney U.S. Factor Rotation ETF Stock Down 0.4%

NASDAQ BRNY traded down $0.22 during trading on Wednesday, reaching $57.14. 447 shares of the stock traded hands, compared to its average volume of 21,931. The firm has a market cap of $578.83 million, a price-to-earnings ratio of 22.00 and a beta of 1.03. The stock’s 50-day moving average price is $57.45 and its 200 day moving average price is $53.41. Burney U.S. Factor Rotation ETF has a fifty-two week low of $44.91 and a fifty-two week high of $58.93.

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. BRNY was launched on Oct 13, 2022 and is managed by Alpha Architect.

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