SonicShares Global Shipping ETF (NYSEARCA:BOAT) Trading Down 0.1% – Here’s Why

SonicShares Global Shipping ETF (NYSEARCA:BOATGet Free Report) fell 0.1% during trading on Thursday . The stock traded as low as $30.23 and last traded at $30.34. 24,277 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 22,675 shares. The stock had previously closed at $30.38.

SonicShares Global Shipping ETF Stock Down 0.1 %

The firm has a market capitalization of $43.99 million, a price-to-earnings ratio of 2.42 and a beta of 0.54. The business has a 50-day moving average of $31.47 and a two-hundred day moving average of $33.31.

SonicShares Global Shipping ETF Company Profile

(Get Free Report)

The SonicShares Global Shipping ETF (BOAT) is an exchange-traded fund that is based on the Solactive Global Shipping index, a modified market-cap-weighted index of globally-listed companies engaged in maritime shipping. BOAT was launched on Aug 3, 2021 and is managed by SonicShares.

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