Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Sees Significant Decrease in Short Interest

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 2,699 shares, a decrease of 14.0% from the January 15th total of 3,137 shares. Based on an average daily volume of 3,439 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 3,439 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On Horizon Kinetics Blockchain Development ETF

An institutional investor recently bought a new position in Horizon Kinetics Blockchain Development ETF stock. Flow Traders U.S. LLC purchased a new stake in Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,197 shares of the company’s stock, valued at approximately $318,000. Flow Traders U.S. LLC owned approximately 1.62% of Horizon Kinetics Blockchain Development ETF as of its most recent filing with the SEC.

Horizon Kinetics Blockchain Development ETF Stock Down 0.2%

Shares of NYSEARCA:BCDF opened at $29.95 on Tuesday. The firm has a 50 day moving average of $31.07 and a 200 day moving average of $31.22. The company has a market capitalization of $20.37 million, a price-to-earnings ratio of 21.22 and a beta of 0.77. Horizon Kinetics Blockchain Development ETF has a 52 week low of $25.52 and a 52 week high of $36.27.

Horizon Kinetics Blockchain Development ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a dividend of $0.7633 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a yield of 250.0%.

Horizon Kinetics Blockchain Development ETF Company Profile

The Horizon Kinetics Blockchain Development ETF (BCDF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to broadly invest in blockchain development companies of any market capitalization from around the world. BCDF was launched on Aug 1, 2022 and is managed by Horizon Kinetics.