Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Down 8.2% – Here’s Why

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRYGet Free Report) shares fell 8.2% during trading on Thursday . The stock traded as low as $6.70 and last traded at $6.80. 428,421 shares were traded during mid-day trading, an increase of 219% from the average session volume of 134,297 shares. The stock had previously closed at $7.41.

Breakwave Dry Bulk Shipping ETF Stock Down 2.2 %

The company’s fifty day simple moving average is $8.56 and its 200 day simple moving average is $10.43.

About Breakwave Dry Bulk Shipping ETF

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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.

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