Beacon Tactical Risk ETF (NYSEARCA:BTR) Sees Significant Growth in Short Interest

Beacon Tactical Risk ETF (NYSEARCA:BTR) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 22 shares, an increase of 2,100.0% from the April 15th total of 1 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,133 shares, the days-to-cover ratio is presently 0.0 days.

Beacon Tactical Risk ETF Price Performance

BTR stock remained flat at $27.38 during trading on Wednesday. 103 shares of the company traded hands, compared to its average volume of 3,312. The company has a market capitalization of $36.69 million, a price-to-earnings ratio of 20.15 and a beta of 0.63. The stock’s 50-day moving average price is $26.51 and its two-hundred day moving average price is $26.08. Beacon Tactical Risk ETF has a 12 month low of $23.16 and a 12 month high of $27.49.

About Beacon Tactical Risk ETF

The Beacon Tactical Risk ETF (BTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an active fund-of-funds seeking capital appreciation. The fund invests equally across US equity sectors, while attempting to minimize losses in volatile markets BTR was launched on Apr 17, 2023 and is managed by Sammons Enterprises.