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

Beacon Tactical Risk ETF (NYSEARCA:BTR) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 4 shares, a drop of 99.8% from the June 15th total of 1,873 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,267 shares, the days-to-cover ratio is presently 0.0 days.

Beacon Tactical Risk ETF Stock Up 0.4%

Beacon Tactical Risk ETF stock traded up $0.12 during trading hours on Friday, hitting $27.85. The stock had a trading volume of 8 shares, compared to its average volume of 3,589. The stock’s 50-day moving average price is $27.47 and its 200-day moving average price is $26.71. The stock has a market capitalization of $33.14 million, a P/E ratio of 20.15 and a beta of 0.60. Beacon Tactical Risk ETF has a 12-month low of $23.85 and a 12-month high of $27.93.

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.