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

Beacon Tactical Risk ETF (NYSEARCA:BTR) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 188 shares, a decrease of 56.8% from the December 15th total of 435 shares. Based on an average trading volume of 414 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 414 shares, the short-interest ratio is presently 0.5 days.

Beacon Tactical Risk ETF Stock Performance

Shares of NYSEARCA BTR traded up $0.08 during mid-day trading on Friday, hitting $26.20. 1,390 shares of the stock traded hands, compared to its average volume of 649. The company has a market cap of $36.16 million, a price-to-earnings ratio of 20.15 and a beta of 0.66. The stock has a fifty day moving average price of $25.54 and a 200-day moving average price of $25.06. Beacon Tactical Risk ETF has a 52 week low of $23.16 and a 52 week high of $27.58.

Beacon Tactical Risk ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Friday, December 26th were given a $0.3262 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 128.0%.

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.