Short Interest in The 3D Printing ETF (BATS:PRNT) Expands By 90.4%

The 3D Printing ETF (BATS:PRNT) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,470 shares, a growth of 90.4% from the April 30th total of 772 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 13,812 shares, the days-to-cover ratio is currently 0.1 days.

3D Printing ETF Stock Performance

PRNT traded down $0.48 during trading on Wednesday, reaching $25.60. 6,609 shares of the company traded hands, compared to its average volume of 12,677. The company has a market cap of $90.88 million, a P/E ratio of 27.95 and a beta of 1.28. 3D Printing ETF has a 12-month low of $19.82 and a 12-month high of $26.65. The firm has a fifty day simple moving average of $22.80 and a 200 day simple moving average of $22.64.

Hedge Funds Weigh In On 3D Printing ETF

Several institutional investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC boosted its holdings in shares of 3D Printing ETF by 123.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 31,750 shares of the company’s stock valued at $738,000 after purchasing an additional 17,552 shares during the last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of 3D Printing ETF in the fourth quarter worth about $279,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of 3D Printing ETF in the fourth quarter worth about $28,000.

3D Printing ETF Company Profile

The 3D Printing ETF (PRNT) is an exchange-traded fund that is based on the Total 3D-Printing index. The fund tracks a tiered, equal-weighted index composed of stocks that are directly involved in 3D printing and 3D printing-related businesses. PRNT was launched on Jul 19, 2016 and is managed by ARK.