Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Stock Price Down 8.2% – Here’s What Happened

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRYGet Free Report) dropped 8.2% during trading on Thursday . The company traded as low as $6.70 and last traded at $6.80. Approximately 428,421 shares traded hands during mid-day trading, an increase of 219% from the average daily volume of 134,297 shares. The stock had previously closed at $7.41.

Breakwave Dry Bulk Shipping ETF Stock Down 8.2 %

The firm has a 50 day simple moving average of $8.63 and a two-hundred day simple moving average of $10.47.

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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