Short Interest in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW) Increases By 444.3%

by · The Cerbat Gem

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERWGet Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 70,449 shares, an increase of 444.3% from the December 15th total of 12,944 shares. Based on an average daily volume of 102,259 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 102,259 shares, the short-interest ratio is presently 0.7 days.

Bridger Aerospace Group Stock Down 3.1%

Shares of NASDAQ BAERW opened at $0.41 on Thursday. The firm’s 50 day simple moving average is $0.18 and its 200-day simple moving average is $0.12. Bridger Aerospace Group has a 12 month low of $0.04 and a 12 month high of $0.46.

Bridger Aerospace Group Company Profile

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Bridger Aerospace Group, Inc is an aviation services company specializing in aerial firefighting and airborne data collection. The company operates a fleet of manned aircraft and unmanned aerial systems (UAS) to support wildfire mitigation, geospatial mapping, pipeline inspection, powerline surveillance, and vegetation management. Bridger leverages proprietary technology to deliver real-time intelligence and precision solutions for both emergency response and infrastructure monitoring.

In its aerial firefighting division, Bridger provides retardant and water drop services to federal, state and local fire agencies.

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