Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Short Interest Update

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 7,922 shares, a growth of 123.8% from the February 26th total of 3,539 shares. Based on an average daily volume of 2,976 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the shares of the stock are short sold.

Institutional Trading of Horizon Kinetics Blockchain Development ETF

An institutional investor recently bought a new position in Horizon Kinetics Blockchain Development ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,197 shares of the company’s stock, valued at approximately $318,000. Flow Traders U.S. LLC owned approximately 1.62% of Horizon Kinetics Blockchain Development ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Horizon Kinetics Blockchain Development ETF Stock Performance

Shares of BCDF stock opened at $30.01 on Friday. Horizon Kinetics Blockchain Development ETF has a fifty-two week low of $25.52 and a fifty-two week high of $36.27. The stock’s fifty day moving average price is $31.22 and its two-hundred day moving average price is $31.20. The company has a market cap of $20.41 million, a PE ratio of 21.22 and a beta of 0.77.

About Horizon Kinetics Blockchain Development ETF

The Horizon Kinetics Blockchain Development ETF (BCDF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to broadly invest in blockchain development companies of any market capitalization from around the world. BCDF was launched on Aug 1, 2022 and is managed by Horizon Kinetics.