EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Update
by Amy Steele · The Cerbat GemEA Bridgeway Blue Chip ETF (NYSEARCA:BBLU – Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 81,523 shares, a growth of 298.1% from the March 15th total of 20,478 shares. Based on an average daily volume of 103,506 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Stephens Inc. AR raised its position in EA Bridgeway Blue Chip ETF by 6.1% during the fourth quarter. Stephens Inc. AR now owns 11,550 shares of the company’s stock valued at $176,000 after purchasing an additional 660 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in EA Bridgeway Blue Chip ETF by 2.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 46,130 shares of the company’s stock worth $704,000 after acquiring an additional 1,155 shares in the last quarter. Bravias Capital Group LLC raised its stake in EA Bridgeway Blue Chip ETF by 4.2% during the third quarter. Bravias Capital Group LLC now owns 38,955 shares of the company’s stock worth $585,000 after acquiring an additional 1,573 shares in the last quarter. GWN Securities Inc. raised its stake in EA Bridgeway Blue Chip ETF by 3.0% during the third quarter. GWN Securities Inc. now owns 54,380 shares of the company’s stock worth $817,000 after acquiring an additional 1,608 shares in the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in EA Bridgeway Blue Chip ETF by 4.3% during the third quarter. Thoroughbred Financial Services LLC now owns 60,980 shares of the company’s stock worth $916,000 after acquiring an additional 2,486 shares in the last quarter. 2.80% of the stock is currently owned by institutional investors and hedge funds.
EA Bridgeway Blue Chip ETF Stock Performance
Shares of NYSEARCA BBLU traded down $0.09 during mid-day trading on Friday, reaching $15.11. The company had a trading volume of 73,594 shares, compared to its average volume of 122,004. EA Bridgeway Blue Chip ETF has a one year low of $11.55 and a one year high of $15.66. The firm has a market cap of $375.18 million, a price-to-earnings ratio of -45.79 and a beta of 0.91. The business’s 50-day simple moving average is $15.05 and its 200 day simple moving average is $15.20.
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.