Beacon Unified Catalyst ETF (NYSEARCA:BSR) Sees Significant Increase in Short Interest

Beacon Unified Catalyst ETF (NYSEARCA:BSR) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 2,713 shares, a growth of 12,231.8% from the June 30th total of 22 shares. Based on an average trading volume of 1,040 shares, the short-interest ratio is presently 2.6 days. Approximately 0.2% of the company’s stock are sold short.

Beacon Unified Catalyst ETF Stock Down 0.0%

BSR opened at $29.75 on Friday. The stock has a market cap of $34.21 million, a PE ratio of 25.80 and a beta of 0.56. The business has a 50 day moving average of $30.14 and a 200-day moving average of $30.15. Beacon Unified Catalyst ETF has a 52 week low of $28.56 and a 52 week 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.