Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 13,520 shares, a growth of 256.2% from the May 14th total of 3,796 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average daily volume of 2,465 shares, the short-interest ratio is currently 5.5 days.
Horizon Kinetics Blockchain Development ETF Stock Up 0.3%
BCDF traded up $0.09 during trading on Thursday, reaching $31.42. 513 shares of the stock traded hands, compared to its average volume of 2,342. The stock has a market capitalization of $21.99 million, a PE ratio of 21.22 and a beta of 0.72. The stock’s 50-day moving average is $32.17 and its 200 day moving average is $31.46. Horizon Kinetics Blockchain Development ETF has a 12 month low of $29.70 and a 12 month high of $36.27.
Institutional Trading of Horizon Kinetics Blockchain Development ETF
A hedge fund recently raised its stake in Horizon Kinetics Blockchain Development ETF stock. Advisory Services Network LLC raised its position in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF – Free Report) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,289 shares of the company’s stock after acquiring an additional 1,533 shares during the quarter. Advisory Services Network LLC owned about 9.60% of Horizon Kinetics Blockchain Development ETF worth $1,973,000 as of its most recent SEC filing.
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.
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