Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $12.54 and traded as high as $12.95. Breakwave Dry Bulk Shipping ETF shares last traded at $12.61, with a volume of 61,306 shares traded.

Breakwave Dry Bulk Shipping ETF Stock Performance

The firm has a market capitalization of $25.60 million, a P/E ratio of 23.67 and a beta of 1.15. The firm’s 50-day moving average is $14.34 and its 200 day moving average is $12.54.

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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