Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading 1.6% Higher – What’s Next?
by Sarita Garza · The Markets DailyBreakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report) rose 1.6% during mid-day trading on Tuesday . The stock traded as high as $11.90 and last traded at $11.77. Approximately 42,427 shares changed hands during trading, a decline of 65% from the average daily volume of 122,778 shares. The stock had previously closed at $11.58.
Breakwave Dry Bulk Shipping ETF Trading Up 1.6%
The business has a 50 day moving average price of $12.18 and a 200-day moving average price of $10.86. The firm has a market capitalization of $37.66 million, a PE ratio of 23.67 and a beta of 0.86.
About Breakwave Dry Bulk Shipping ETF
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.