Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Shares Down 1.7% – Here’s What Happened

by · The Markets Daily

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report) shares dropped 1.7% during mid-day trading on Tuesday . The company traded as low as $13.07 and last traded at $13.10. 18,020 shares changed hands during trading, a decline of 84% from the average session volume of 114,822 shares. The stock had previously closed at $13.33.

Breakwave Dry Bulk Shipping ETF Stock Down 1.7%

The firm’s fifty day simple moving average is $12.46 and its 200-day simple moving average is $11.23. The company has a market cap of $30.13 million, a PE ratio of 23.67 and a beta of 0.84.

Breakwave Dry Bulk Shipping ETF Company Profile

(Get Free Report)

The Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund that is based on the Breakwave Dry Freight Futures index. The fund tracks an index of long-only exposure to the nearest calendar quarter of dry bulk freight futures contracts on specified indexes. BDRY was launched on Mar 22, 2018 and is managed by Breakwave.

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