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

by · The Cerbat Gem

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

Bridges Capital Tactical ETF Stock Performance

Shares of BDGS opened at $34.75 on Tuesday. The firm has a market cap of $40.65 million, a PE ratio of 31.16 and a beta of 0.42. The firm’s 50 day moving average price is $34.73 and its 200 day moving average price is $34.01. Bridges Capital Tactical ETF has a twelve month low of $29.12 and a twelve month high of $35.31.

About Bridges Capital Tactical ETF

(Get Free Report)

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.

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