EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Update

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 20,478 shares, a decrease of 75.1% from the February 26th total of 82,321 shares. Based on an average daily trading volume, of 116,798 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 116,798 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Annex Advisory Services LLC acquired a new position in EA Bridgeway Blue Chip ETF in the fourth quarter valued at approximately $22,026,000. Cetera Investment Advisers increased its stake in EA Bridgeway Blue Chip ETF by 31.8% during the fourth quarter. Cetera Investment Advisers now owns 1,194,896 shares of the company’s stock worth $18,234,000 after acquiring an additional 288,146 shares during the last quarter. Raymond James Financial Inc. raised its position in EA Bridgeway Blue Chip ETF by 62.4% in the second quarter. Raymond James Financial Inc. now owns 698,470 shares of the company’s stock valued at $9,607,000 after purchasing an additional 268,448 shares during the period. D.A. Davidson & CO. raised its position in EA Bridgeway Blue Chip ETF by 293.1% in the fourth quarter. D.A. Davidson & CO. now owns 243,788 shares of the company’s stock valued at $3,720,000 after purchasing an additional 181,775 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in shares of EA Bridgeway Blue Chip ETF by 92.0% in the 2nd quarter. Osaic Holdings Inc. now owns 341,454 shares of the company’s stock valued at $4,695,000 after purchasing an additional 163,592 shares during the last quarter. 2.80% of the stock is owned by hedge funds and other institutional investors.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of NYSEARCA:BBLU traded up $0.12 during midday trading on Wednesday, hitting $14.81. The company’s stock had a trading volume of 68,074 shares, compared to its average volume of 126,231. The business’s 50 day simple moving average is $15.18 and its 200 day simple moving average is $15.21. The company has a market cap of $355.59 million, a P/E ratio of -44.88 and a beta of 0.92. EA Bridgeway Blue Chip ETF has a 12-month low of $11.01 and a 12-month high of $15.66.

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.