The 3D Printing ETF (BATS:PRNT) Sees Significant Drop in Short Interest

The 3D Printing ETF (BATS:PRNT) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 772 shares, a drop of 96.7% from the April 15th total of 23,258 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,973 shares, the short-interest ratio is presently 0.1 days.

3D Printing ETF Price Performance

BATS PRNT traded up $0.08 on Monday, hitting $23.91. The stock had a trading volume of 13,779 shares, compared to its average volume of 11,497. The business’s fifty day moving average price is $21.80 and its 200 day moving average price is $22.45. The stock has a market cap of $84.88 million, a price-to-earnings ratio of 27.95 and a beta of 1.28. 3D Printing ETF has a 52-week low of $19.82 and a 52-week high of $24.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in 3D Printing ETF during the 2nd quarter valued at about $310,000. Farther Finance Advisors LLC purchased a new stake in shares of 3D Printing ETF during the fourth quarter worth about $28,000. Finally, Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of 3D Printing ETF during the fourth quarter worth about $279,000.

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.