Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Sees Large Decrease in Short Interest

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 1,293 shares, a decline of 42.0% from the November 30th total of 2,230 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 1,455 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 1,455 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Horizon Kinetics Blockchain Development ETF Stock Down 0.0%

Horizon Kinetics Blockchain Development ETF stock traded down $0.01 during trading on Tuesday, reaching $30.64. The stock had a trading volume of 1,143 shares, compared to its average volume of 2,141. Horizon Kinetics Blockchain Development ETF has a 52-week low of $25.52 and a 52-week high of $32.49. The business has a 50 day moving average price of $31.04 and a 200 day moving average price of $31.20. The stock has a market cap of $19.91 million, a PE ratio of 21.22 and a beta of 0.77.

Horizon Kinetics Blockchain Development ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a $0.7633 dividend. This represents a dividend yield of 250.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Trading of Horizon Kinetics Blockchain Development ETF

An institutional investor recently raised its position in Horizon Kinetics Blockchain Development ETF stock. Adalta Capital Management LLC grew its stake in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) by 34.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,425 shares of the company’s stock after purchasing an additional 1,125 shares during the period. Adalta Capital Management LLC owned approximately 0.84% of Horizon Kinetics Blockchain Development ETF worth $123,000 at the end of the most recent reporting period.

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.