Shipping ETF, up 124% this year, extends gains despite Suez snafu

Capt. John

The Breakwave Dry Bulk Shipping exchange-traded fund BDRY, 8.34% gained more than 2% Wednesday, even as a cargo ship remained lodged in the Suez Canal, blocking traffic. The ETF aims to reflect the daily price movements of near-dated dry bulk freight futures. It’s gained a whopping 124% in the year to date, among the best-performing …

The post Shipping ETF, up 124% this year, extends gains despite Suez snafu first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/shipping-etf-up-124-this-year-extends-gains-despite-suez-snafu/

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