Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Up 1.6% – Time to Buy?

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report)’s share price was up 1.6% during trading on Tuesday . The company traded as high as $11.90 and last traded at $11.77. 42,427 shares traded hands during trading, a decline of 65% from the average daily volume of 122,778 shares. The stock had previously closed at $11.58.

Breakwave Dry Bulk Shipping ETF Trading Up 1.6%

The company has a market cap of $37.66 million, a price-to-earnings ratio of 23.67 and a beta of 0.86. The company’s 50 day moving average price is $12.18 and its 200 day moving average price is $10.86.

About Breakwave Dry Bulk Shipping ETF

(Get Free Report)

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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