Short Interest in Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Expands By 1,591.9%

Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 22,840 shares, a growth of 1,591.9% from the July 30th total of 1,350 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,071 shares, the short-interest ratio is presently 3.2 days.

Blueprint Chesapeake Multi-Asset Trend ETF Stock Performance

Blueprint Chesapeake Multi-Asset Trend ETF stock opened at $29.85 on Wednesday. The firm has a market cap of $159.70 million, a price-to-earnings ratio of 19.75 and a beta of 0.59. Blueprint Chesapeake Multi-Asset Trend ETF has a 1 year low of $23.44 and a 1 year high of $33.34. The firm’s 50 day moving average price is $30.41 and its two-hundred day moving average price is $30.02.

Blueprint Chesapeake Multi-Asset Trend ETF Company Profile

The Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth and preservation through a dynamic allocation between derivatives linked to various asset classes and long-short equity positions. The actively managed fund utilizes a trend-following strategy called the Chesapeake Program. TFPN was launched on Jul 11, 2023 and is issued by Tidal.