Short Interest in Beacon Unified Catalyst ETF (NYSEARCA:BSR) Decreases By 93.7%

Beacon Unified Catalyst ETF (NYSEARCA:BSR) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 226 shares, a drop of 93.7% from the July 30th total of 3,576 shares. Based on an average daily volume of 1,698 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Beacon Unified Catalyst ETF Trading Up 0.2%

Shares of BSR traded up $0.07 during midday trading on Tuesday, hitting $30.72. The stock had a trading volume of 16 shares, compared to its average volume of 2,708. The business has a 50-day simple moving average of $30.32 and a two-hundred day simple moving average of $30.21. The firm has a market cap of $35.33 million, a P/E ratio of 25.80 and a beta of 0.57. Beacon Unified Catalyst ETF has a fifty-two week low of $28.94 and a fifty-two week high of $31.76.

About Beacon Unified Catalyst ETF

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.