EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Up 47.0% in February

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 82,321 shares, a growth of 47.0% from the February 12th total of 55,995 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 139,531 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 139,531 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

EA Bridgeway Blue Chip ETF Trading Down 0.6%

Shares of EA Bridgeway Blue Chip ETF stock traded down $0.09 during trading hours on Friday, reaching $14.88. 84,296 shares of the company’s stock were exchanged, compared to its average volume of 129,988. 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 $357.27 million, a price-to-earnings ratio of -45.09 and a beta of 0.92. The company has a fifty day moving average of $15.26 and a 200-day moving average of $15.18.

Hedge Funds Weigh In On EA Bridgeway Blue Chip ETF

Several institutional investors have recently added to or reduced their stakes in BBLU. Annex Advisory Services LLC acquired a new stake in EA Bridgeway Blue Chip ETF in the 4th quarter worth about $22,026,000. Cetera Investment Advisers increased its stake in shares of EA Bridgeway Blue Chip ETF by 74.7% during the 2nd quarter. Cetera Investment Advisers now owns 767,499 shares of the company’s stock valued at $10,556,000 after acquiring an additional 328,192 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of EA Bridgeway Blue Chip ETF by 62.4% during the 2nd quarter. Raymond James Financial Inc. now owns 698,470 shares of the company’s stock valued at $9,607,000 after acquiring an additional 268,448 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of EA Bridgeway Blue Chip ETF by 293.1% during the 4th quarter. D.A. Davidson & CO. now owns 243,788 shares of the company’s stock worth $3,720,000 after acquiring an additional 181,775 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of EA Bridgeway Blue Chip ETF by 92.0% during the 2nd quarter. Osaic Holdings Inc. now owns 341,454 shares of the company’s stock worth $4,695,000 after acquiring an additional 163,592 shares during the period. 2.80% of the stock is currently owned by institutional investors and hedge funds.

About EA Bridgeway Blue Chip ETF

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.