The 3D Printing ETF (BATS:PRNT) Sees Large Growth in Short Interest

The 3D Printing ETF (BATS:PRNT) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 4,548 shares, a growth of 209.4% from the May 14th total of 1,470 shares. Based on an average trading volume of 21,654 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of 3D Printing ETF

Institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in 3D Printing ETF in the 4th quarter valued at $28,000. Flow Traders U.S. LLC bought a new stake in 3D Printing ETF in the 2nd quarter valued at $310,000. Finally, Nano Cap New Millennium Growth Fund L P bought a new stake in 3D Printing ETF in the 4th quarter valued at $279,000.

3D Printing ETF Trading Down 1.8%

Shares of BATS PRNT opened at $24.77 on Friday. 3D Printing ETF has a 12 month low of $19.82 and a 12 month high of $26.65. The stock has a 50 day moving average of $23.58 and a 200-day moving average of $22.83. The company has a market capitalization of $87.93 million, a P/E ratio of 27.95 and a beta of 1.28.

About 3D Printing ETF

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.