Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Sees Significant Decrease in Short Interest

Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 5,737 shares, a decrease of 98.8% from the June 15th total of 478,798 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 9,349 shares, the short-interest ratio is currently 0.6 days.

Blueprint Chesapeake Multi-Asset Trend ETF Stock Up 0.7%

Shares of Blueprint Chesapeake Multi-Asset Trend ETF stock traded up $0.22 during trading on Friday, reaching $30.55. The company’s stock had a trading volume of 63,769 shares, compared to its average volume of 9,175. The company has a market cap of $164.97 million, a price-to-earnings ratio of 19.75 and a beta of 0.57. Blueprint Chesapeake Multi-Asset Trend ETF has a 1-year low of $22.78 and a 1-year high of $33.34. The company has a 50-day simple moving average of $31.54 and a two-hundred day simple moving average of $29.40.

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.