Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Short Interest Update

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,615 shares, a growth of 138.9% from the August 15th total of 1,932 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,152 shares, the short-interest ratio is currently 4.0 days.

Horizon Kinetics Blockchain Development ETF Stock Performance

BCDF traded down $0.44 during midday trading on Tuesday, reaching $32.73. 731 shares of the company were exchanged, compared to its average volume of 1,854. The stock’s 50-day simple moving average is $32.70 and its 200 day simple moving average is $31.99. Horizon Kinetics Blockchain Development ETF has a one year low of $29.01 and a one year high of $36.27. The stock has a market capitalization of $23.90 million, a P/E ratio of 21.22 and a beta of 0.73.

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.