Short Interest in Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Decreases By 69.8%

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,137 shares, a decrease of 69.8% from the December 31st total of 10,383 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 1,973 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 1,973 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Trading of Horizon Kinetics Blockchain Development ETF

An institutional investor recently bought a new position in Horizon Kinetics Blockchain Development ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,197 shares of the company’s stock, valued at approximately $318,000. Flow Traders U.S. LLC owned approximately 1.62% of Horizon Kinetics Blockchain Development ETF as of its most recent SEC filing.

Horizon Kinetics Blockchain Development ETF Stock Performance

NYSEARCA:BCDF traded down $0.13 during trading hours on Wednesday, hitting $31.96. The stock had a trading volume of 930 shares, compared to its average volume of 2,835. The business’s 50 day moving average is $31.09 and its 200-day moving average is $31.31. The company has a market cap of $21.73 million, a price-to-earnings ratio of 21.22 and a beta of 0.77. Horizon Kinetics Blockchain Development ETF has a one year low of $25.52 and a one year high of $36.27.

Horizon Kinetics Blockchain Development ETF Dividend Announcement

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

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.