Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF – Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,796 shares, an increase of 69.0% from the April 30th total of 2,246 shares. Based on an average trading volume of 1,955 shares, the short-interest ratio is currently 1.9 days. Currently, 0.5% of the shares of the company are short sold.
Hedge Funds Weigh In On Horizon Kinetics Blockchain Development ETF
An institutional investor recently bought a new position in Horizon Kinetics Blockchain Development ETF stock. Flow Traders U.S. LLC acquired a new stake in Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,197 shares of the company’s stock, valued at approximately $318,000. Flow Traders U.S. LLC owned 1.62% of Horizon Kinetics Blockchain Development ETF as of its most recent SEC filing.
Horizon Kinetics Blockchain Development ETF Stock Performance
NYSEARCA:BCDF traded down $0.12 during mid-day trading on Wednesday, hitting $31.12. 445 shares of the stock were exchanged, compared to its average volume of 2,409. The firm’s 50-day simple moving average is $32.08 and its 200 day simple moving average is $31.45. The stock has a market capitalization of $21.78 million, a price-to-earnings ratio of 21.22 and a beta of 0.74. Horizon Kinetics Blockchain Development ETF has a fifty-two week low of $29.70 and a fifty-two week high of $36.27.
About Horizon Kinetics Blockchain Development ETF
The Horizon Kinetics Blockchain Development ETF (BCDF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to broadly invest in blockchain development companies of any market capitalization from around the world. BCDF was launched on Aug 1, 2022 and is managed by Horizon Kinetics.
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