A Shipping ETF Surges after the Suez Canal Logjam
March 26, 2021 at 08:30 AM EDT
An exchange traded fund that tracks dry bulk freight shipping rates surged Thursday after a ship logjam in the Suez Canal halted global commerce. Among the best performing non-leveraged ETFs of Thursday, the Breakwave Dry Bulk Shipping ETF (NYSEArca: BDRY) jumped 10.2%. BDRY has already increased...
