SonicShares Global Shipping ETF (NYSEARCA:BOAT – Get Free Report)’s share price dropped 0.1% during trading on Thursday . The stock traded as low as $30.23 and last traded at $30.34. Approximately 24,277 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 22,675 shares. The stock had previously closed at $30.38.
SonicShares Global Shipping ETF Trading Down 8.3 %
The firm has a market capitalization of $40.32 million, a P/E ratio of 2.42 and a beta of 0.54. The company has a 50 day moving average of $31.35 and a 200-day moving average of $33.24.
SonicShares Global Shipping ETF Company Profile
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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