Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Significant Drop in Short Interest

Bridges Capital Tactical ETF (NASDAQ:BDGS) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 448 shares, a drop of 21.5% from the November 30th total of 571 shares. Based on an average daily trading volume, of 2,132 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,132 shares, the days-to-cover ratio is currently 0.2 days.

Bridges Capital Tactical ETF Price Performance

Bridges Capital Tactical ETF stock opened at $34.75 on Tuesday. Bridges Capital Tactical ETF has a fifty-two week low of $29.12 and a fifty-two week high of $35.31. The firm’s 50 day simple moving average is $34.73 and its 200-day simple moving average is $34.01. The company has a market cap of $40.65 million, a P/E ratio of 31.16 and a beta of 0.42.

About Bridges Capital Tactical ETF

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.