Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Trading Up 20.7% – Time to Buy?

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRYGet Free Report)’s share price shot up 20.7% during mid-day trading on Friday . The company traded as high as $6.97 and last traded at $6.70. 170,279 shares changed hands during trading, a decline of 21% from the average session volume of 215,413 shares. The stock had previously closed at $5.55.

Breakwave Dry Bulk Shipping ETF Trading Up 20.7 %

The firm’s fifty day moving average is $6.76 and its 200-day moving average is $9.16.

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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