Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Down 1.7% – What’s Next?

Shares of Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRYGet Free Report) dropped 1.7% during mid-day trading on Tuesday . The stock traded as low as $13.07 and last traded at $13.10. 18,020 shares changed hands during trading, a decline of 84% from the average daily volume of 114,822 shares. The stock had previously closed at $13.33.

Breakwave Dry Bulk Shipping ETF Trading Down 1.5%

The firm has a market capitalization of $29.09 million, a PE ratio of 23.67 and a beta of 0.84. The company has a fifty day moving average price of $12.47 and a two-hundred day moving average price of $11.26.

Breakwave Dry Bulk Shipping ETF Company Profile

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The Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund that is based on the Breakwave Dry Freight Futures index. The fund tracks an index of long-only exposure to the nearest calendar quarter of dry bulk freight futures contracts on specified indexes. BDRY was launched on Mar 22, 2018 and is managed by Breakwave.

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