The 3D Printing ETF (BATS:PRNT) Sees Significant Drop in Short Interest

The 3D Printing ETF (BATS:PRNTGet Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 772 shares, a decline of 96.7% from the April 15th total of 23,258 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 7,973 shares, the short-interest ratio is presently 0.1 days.

3D Printing ETF Price Performance

BATS PRNT traded up $0.08 during midday trading on Monday, hitting $23.91. 13,779 shares of the company traded hands, compared to its average volume of 11,497. The company has a market cap of $84.88 million, a PE ratio of 27.95 and a beta of 1.28. The company’s 50-day simple moving average is $21.80 and its 200-day simple moving average is $22.45. 3D Printing ETF has a 52 week low of $19.82 and a 52 week high of $24.41.

Institutional Investors Weigh In On 3D Printing ETF

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

3D Printing ETF Company Profile

(Get Free Report)

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.

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