Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Free Report) crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $12.40 and traded as low as $12.25. Breakwave Dry Bulk Shipping ETF shares last traded at $12.32, with a volume of 37,645 shares.

Breakwave Dry Bulk Shipping ETF Stock Performance

The business’s fifty day simple moving average is $14.56 and its 200-day simple moving average is $12.45. The firm has a market capitalization of $26.58 million, a PE ratio of 23.67 and a beta of 1.01.

About Breakwave Dry Bulk Shipping ETF

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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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