Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Stock Short Interest Falls 42.2%

Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 12,412 shares, a decline of 42.2% from the August 31st total of 21,477 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,728 shares, the short-interest ratio is presently 1.6 days.

Blueprint Chesapeake Multi-Asset Trend ETF Price Performance

Blueprint Chesapeake Multi-Asset Trend ETF stock traded down $0.29 during mid-day trading on Thursday, reaching $29.63. 13,729 shares of the company were exchanged, compared to its average volume of 9,976. The firm has a market cap of $159.41 million, a PE ratio of 19.75 and a beta of 0.59. The company has a fifty day simple moving average of $30.02 and a 200-day simple moving average of $30.31. Blueprint Chesapeake Multi-Asset Trend ETF has a 12 month low of $24.10 and a 12 month high of $33.34.

About Blueprint Chesapeake Multi-Asset Trend ETF

The Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth and preservation through a dynamic allocation between derivatives linked to various asset classes and long-short equity positions. The actively managed fund utilizes a trend-following strategy called the Chesapeake Program. TFPN was launched on Jul 11, 2023 and is issued by Tidal.