Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Down 0.3% – Here’s Why

by · The Cerbat Gem

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report) dropped 0.3% during mid-day trading on Tuesday . The stock traded as low as $13.73 and last traded at $13.91. Approximately 53,680 shares were traded during trading, a decline of 50% from the average daily volume of 106,339 shares. The stock had previously closed at $13.95.

Breakwave Dry Bulk Shipping ETF Stock Performance

The firm has a market capitalization of $30.60 million, a price-to-earnings ratio of 23.67 and a beta of 0.84. The business has a fifty day moving average price of $12.52 and a 200 day moving average price of $11.67.

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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