The 3D Printing ETF (BATS:PRNT) Sees Significant Increase in Short Interest

The 3D Printing ETF (BATS:PRNT) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,548 shares, an increase of 209.4% from the May 14th total of 1,470 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 21,654 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On 3D Printing ETF

Large investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC raised its stake in 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 last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in 3D Printing ETF in the 4th quarter valued at $279,000. Finally, Farther Finance Advisors LLC bought a new stake in 3D Printing ETF in the 4th quarter valued at $28,000.

3D Printing ETF Price Performance

BATS:PRNT opened at $25.23 on Friday. The stock has a market cap of $89.57 million, a P/E ratio of 27.95 and a beta of 1.28. 3D Printing ETF has a one year low of $19.82 and a one year high of $26.65. The company has a fifty day moving average price of $23.50 and a 200 day moving average price of $22.81.

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.