Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Short Interest Update

Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 12,412 shares, a drop of 42.2% from the August 31st total of 21,477 shares. Based on an average daily volume of 7,728 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.2% of the shares of the company are sold short.

Blueprint Chesapeake Multi-Asset Trend ETF Stock Down 0.6%

NYSEARCA:TFPN traded down $0.17 during mid-day trading on Wednesday, hitting $29.92. 32,079 shares of the company traded hands, compared to its average volume of 9,956. The stock’s fifty day moving average price is $30.05 and its 200-day moving average price is $30.29. Blueprint Chesapeake Multi-Asset Trend ETF has a one year low of $24.10 and a one year high of $33.34. The firm has a market cap of $160.97 million, a price-to-earnings ratio of 19.75 and a beta of 0.59.

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.