Beacon Unified Catalyst ETF (NYSEARCA:BSR) Sees Large Drop in Short Interest

Beacon Unified Catalyst ETF (NYSEARCA:BSR) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 65 shares, a decrease of 71.2% from the August 15th total of 226 shares. Based on an average daily volume of 103 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Beacon Unified Catalyst ETF Stock Up 0.7%

Shares of NYSEARCA:BSR traded up $0.22 during mid-day trading on Friday, reaching $30.57. 18 shares of the stock were exchanged, compared to its average volume of 2,550. The stock’s 50 day simple moving average is $30.45 and its 200-day simple moving average is $30.21. The company has a market cap of $35.16 million, a P/E ratio of 25.80 and a beta of 0.57. Beacon Unified Catalyst ETF has a one year low of $28.94 and a one year high of $31.76.

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.