Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Short Interest Update

Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 192,834 shares, an increase of 409.8% from the February 12th total of 37,822 shares. Currently, 3.9% of the shares of the stock are sold short. Based on an average trading volume of 22,564 shares, the days-to-cover ratio is currently 8.5 days. Based on an average trading volume of 22,564 shares, the days-to-cover ratio is currently 8.5 days. Currently, 3.9% of the shares of the stock are sold short.

Blueprint Chesapeake Multi-Asset Trend ETF Price Performance

Shares of TFPN traded down $0.26 during trading hours on Thursday, hitting $28.08. The stock had a trading volume of 2,821 shares, compared to its average volume of 9,709. The company’s fifty day moving average is $28.15 and its two-hundred day moving average is $26.08. Blueprint Chesapeake Multi-Asset Trend ETF has a 52 week low of $20.32 and a 52 week high of $30.91. The stock has a market capitalization of $139.56 million, a price-to-earnings ratio of 19.75 and a beta of 0.43.

Blueprint Chesapeake Multi-Asset Trend ETF Company Profile

The Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth and preservation through a dynamic allocation between derivatives linked to various asset classes and long-short equity positions. The actively managed fund utilizes a trend-following strategy called the Chesapeake Program. TFPN was launched on Jul 11, 2023 and is issued by Tidal.