Short Interest in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Drops By 48.6%

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 30,426 shares, a decrease of 48.6% from the December 31st total of 59,207 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 117,685 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 117,685 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

EA Bridgeway Blue Chip ETF Stock Up 0.1%

Shares of BBLU stock opened at $15.35 on Friday. The company has a 50 day moving average price of $15.33 and a 200-day moving average price of $14.95. EA Bridgeway Blue Chip ETF has a 52 week low of $11.01 and a 52 week high of $15.66. The firm has a market capitalization of $368.55 million, a PE ratio of -46.52 and a beta of 0.92.

Institutional Investors Weigh In On EA Bridgeway Blue Chip ETF

A number of large investors have recently added to or reduced their stakes in the stock. American Trust bought a new position in EA Bridgeway Blue Chip ETF in the second quarter valued at about $602,000. Stephens Inc. AR bought a new stake in shares of EA Bridgeway Blue Chip ETF during the 2nd quarter valued at about $140,000. D.A. Davidson & CO. purchased a new stake in shares of EA Bridgeway Blue Chip ETF during the 3rd quarter valued at about $932,000. Concurrent Investment Advisors LLC lifted its stake in shares of EA Bridgeway Blue Chip ETF by 11.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 107,751 shares of the company’s stock worth $1,482,000 after purchasing an additional 11,401 shares during the period. Finally, Truist Financial Corp lifted its stake in shares of EA Bridgeway Blue Chip ETF by 15.4% in the 2nd quarter. Truist Financial Corp now owns 19,429 shares of the company’s stock worth $267,000 after purchasing an additional 2,600 shares during the period. Institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Company Profile

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.