Shares of SonicShares Global Shipping ETF (NYSEARCA:BOAT – Get Free Report) dropped 0.4% on Wednesday . The stock traded as low as $27.63 and last traded at $27.65. Approximately 3,475 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 16,852 shares. The stock had previously closed at $27.75.
SonicShares Global Shipping ETF Stock Performance
The company has a market capitalization of $34.01 million, a PE ratio of 4.39 and a beta of 0.81. The stock’s fifty day simple moving average is $27.54 and its 200-day simple moving average is $30.30.
About SonicShares Global Shipping ETF
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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