Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Stock Falls 0.3% – Should You Sell?

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report)’s stock price dropped 0.3% during mid-day trading on Tuesday. The stock traded as low as $13.96 and last traded at $14.10. Approximately 17,796 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 102,905 shares. The stock had previously closed at $14.14.

Breakwave Dry Bulk Shipping ETF Price Performance

The stock has a market cap of $34.83 million, a price-to-earnings ratio of 23.67 and a beta of 1.01. The company’s fifty day simple moving average is $14.86 and its two-hundred day simple moving average is $12.93.

Breakwave Dry Bulk Shipping ETF Company Profile

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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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