Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 13,520 shares, an increase of 256.2% from the May 14th total of 3,796 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average trading volume of 2,465 shares, the short-interest ratio is presently 5.5 days.
Institutional Investors Weigh In On Horizon Kinetics Blockchain Development ETF
An institutional investor recently raised its position in Horizon Kinetics Blockchain Development ETF stock. Advisory Services Network LLC raised its stake in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF – Free Report) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 65,289 shares of the company’s stock after buying 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 at the end of the most recent reporting period.
Horizon Kinetics Blockchain Development ETF Stock Up 0.8%
Shares of BCDF traded up $0.25 on Friday, reaching $31.67. The stock had a trading volume of 217 shares, compared to its average volume of 2,323. The firm has a market capitalization of $22.17 million, a PE ratio of 21.22 and a beta of 0.72. The firm has a 50-day moving average of $32.19 and a 200 day moving average of $31.46. Horizon Kinetics Blockchain Development ETF has a twelve month low of $29.70 and a twelve month high of $36.27.
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.
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