Short Interest in The 3D Printing ETF (BATS:PRNT) Increases By 209.4%

The 3D Printing ETF (BATS:PRNT) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,548 shares, an increase of 209.4% from the May 14th total of 1,470 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 21,654 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of 3D Printing ETF

Several institutional investors and hedge funds have recently bought and sold shares of PRNT. Flow Traders U.S. LLC purchased a new stake in 3D Printing ETF in the 2nd quarter valued at about $310,000. Farther Finance Advisors LLC purchased a new stake in 3D Printing ETF in the 4th quarter valued at about $28,000. Finally, Nano Cap New Millennium Growth Fund L P purchased a new stake in 3D Printing ETF in the 4th quarter valued at about $279,000.

3D Printing ETF Trading Down 1.8%

Shares of PRNT stock opened at $24.77 on Friday. The company’s 50-day moving average price is $23.58 and its 200-day moving average price is $22.83. The stock has a market cap of $87.93 million, a price-to-earnings ratio of 27.95 and a beta of 1.28. 3D Printing ETF has a twelve month low of $19.82 and a twelve month high of $26.65.

About 3D Printing ETF

The 3D Printing ETF (PRNT) is an exchange-traded fund that is based on the Total 3D-Printing index. The fund tracks a tiered, equal-weighted index composed of stocks that are directly involved in 3D printing and 3D printing-related businesses. PRNT was launched on Jul 19, 2016 and is managed by ARK.