Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Large Increase in Short Interest

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 174 shares, a growth of 32.8% from the February 12th total of 131 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,778 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 3,778 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Bridges Capital Tactical ETF Price Performance

Bridges Capital Tactical ETF stock opened at $34.50 on Friday. Bridges Capital Tactical ETF has a one year low of $29.12 and a one year high of $35.31. The company’s fifty day moving average price is $34.65 and its two-hundred day moving average price is $34.56. The company has a market capitalization of $38.64 million, a price-to-earnings ratio of 31.16 and a beta of 0.42.

Bridges Capital Tactical ETF Company Profile

The Bridges Capital Tactical ETF (BDGS) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that allocates between passively managed US total market ETFs, large-cap US stocks, and cash or cash equivalents through a tactical strategy based on macroeconomic events, changing market breadth, and volatility. BDGS was launched on May 11, 2023 and is managed by Bridges.