The 3D Printing ETF (BATS:PRNT) Sees Large Growth in Short Interest

The 3D Printing ETF (BATS:PRNT) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,470 shares, an increase of 90.4% from the April 30th total of 772 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 13,812 shares, the days-to-cover ratio is currently 0.1 days.

3D Printing ETF Price Performance

Shares of PRNT opened at $26.44 on Tuesday. The firm has a market cap of $93.86 million, a PE ratio of 27.95 and a beta of 1.28. The stock’s fifty day moving average price is $22.80 and its two-hundred day moving average price is $22.64. 3D Printing ETF has a 1 year low of $19.82 and a 1 year high of $26.65.

Institutional Trading of 3D Printing ETF

Hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC raised its stake in shares of 3D Printing ETF by 123.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 31,750 shares of the company’s stock valued at $738,000 after purchasing an additional 17,552 shares during the period. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of 3D Printing ETF during the 4th quarter valued at $279,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of 3D Printing ETF during the 4th quarter valued at $28,000.

About 3D Printing ETF

The 3D Printing ETF (PRNT) is an exchange-traded fund that is based on the Total 3D-Printing index. The fund tracks a tiered, equal-weighted index composed of stocks that are directly involved in 3D printing and 3D printing-related businesses. PRNT was launched on Jul 19, 2016 and is managed by ARK.