Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Short Interest Down 98.8% in June

Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 5,737 shares, a drop of 98.8% from the June 15th total of 478,798 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 9,349 shares, the short-interest ratio is presently 0.6 days.

Blueprint Chesapeake Multi-Asset Trend ETF Trading Up 0.7%

Shares of TFPN stock traded up $0.22 on Friday, hitting $30.55. The stock had a trading volume of 63,769 shares, compared to its average volume of 9,175. Blueprint Chesapeake Multi-Asset Trend ETF has a twelve month low of $22.78 and a twelve month high of $33.34. The firm has a market cap of $164.97 million, a P/E ratio of 19.75 and a beta of 0.57. The company has a fifty day moving average price of $31.54 and a two-hundred day moving average price of $29.40.

Blueprint Chesapeake Multi-Asset Trend ETF Company Profile

The Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth and preservation through a dynamic allocation between derivatives linked to various asset classes and long-short equity positions. The actively managed fund utilizes a trend-following strategy called the Chesapeake Program. TFPN was launched on Jul 11, 2023 and is issued by Tidal.