Breakwave Dry Bulk Shipping ETF’s (NYSEARCA:BDRY) lock-up period is set to end on Tuesday, September 18th. Breakwave Dry Bulk Shipping ETF had issued 10,000,000 shares in its initial public offering on March 22nd. The total size of the offering was $250,000,000 based on an initial share price of $25.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

NYSEARCA:BDRY opened at $22.70 on Friday. Breakwave Dry Bulk Shipping ETF has a 12-month low of $18.73 and a 12-month high of $25.72.

Further Reading: Earnings Per Share

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