The 3D Printing ETF (BATS:PRNT) Sees Large Decline in Short Interest

The 3D Printing ETF (BATS:PRNT) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,183 shares, a drop of 74.0% from the May 31st total of 4,548 shares. Based on an average daily volume of 16,155 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

3D Printing ETF Price Performance

3D Printing ETF stock opened at $24.25 on Friday. 3D Printing ETF has a 12 month low of $19.82 and a 12 month high of $26.65. The company has a fifty day moving average price of $24.28 and a two-hundred day moving average price of $23.00. The company has a market cap of $86.09 million, a PE ratio of 27.95 and a beta of 1.28.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC bought a new stake in shares of 3D Printing ETF during the 4th quarter valued at about $28,000. Nano Cap New Millennium Growth Fund L P bought a new position in 3D Printing ETF in the fourth quarter worth about $279,000. Finally, Flow Traders U.S. LLC bought a new position in 3D Printing ETF in the second quarter worth about $310,000.

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.