Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Up 3.4% – Here’s What Happened

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) shot up 3.4% during mid-day trading on Monday . The stock traded as high as $11.06 and last traded at $11.06. 94,317 shares were traded during trading, a decline of 34% from the average session volume of 143,273 shares. The stock had previously closed at $10.70.

Breakwave Dry Bulk Shipping ETF Stock Performance

The business has a fifty day moving average of $10.88 and a 200-day moving average of $9.57. The firm has a market capitalization of $50.25 million, a P/E ratio of 23.67 and a beta of 0.92.

Breakwave Dry Bulk Shipping ETF Company Profile

The Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund that is based on the Breakwave Dry Freight Futures index. The fund tracks an index of long-only exposure to the nearest calendar quarter of dry bulk freight futures contracts on specified indexes. BDRY was launched on Mar 22, 2018 and is managed by Breakwave.