Short Interest in Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Decreases By 14.0%

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 2,699 shares, a drop of 14.0% from the January 15th total of 3,137 shares. Based on an average daily trading volume, of 3,439 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 3,439 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of 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 bought a new position in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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 at the end of the most recent quarter.

Horizon Kinetics Blockchain Development ETF Stock Up 0.3%

Shares of NYSEARCA BCDF opened at $30.50 on Thursday. The firm’s 50-day moving average price is $31.04 and its 200-day moving average price is $31.21. Horizon Kinetics Blockchain Development ETF has a 52-week low of $25.52 and a 52-week high of $36.27. The company has a market cap of $20.74 million, a PE ratio of 21.22 and a beta of 0.77.

Horizon Kinetics Blockchain Development ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a $0.7633 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a yield of 250.0%.

About Horizon Kinetics Blockchain Development ETF

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.