Bridges Capital Tactical ETF (NASDAQ:BDGS) Short Interest Update

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 15,221 shares, an increase of 3,297.5% from the December 15th total of 448 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 5,393 shares, the days-to-cover ratio is currently 2.8 days. Based on an average daily trading volume, of 5,393 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.3% of the company’s stock are sold short.

Bridges Capital Tactical ETF Price Performance

NASDAQ:BDGS traded up $0.05 during trading hours on Monday, reaching $34.86. 8,642 shares of the stock were exchanged, compared to its average volume of 6,249. Bridges Capital Tactical ETF has a twelve month low of $29.12 and a twelve month high of $35.31. The firm has a 50 day moving average of $34.72 and a 200 day moving average of $34.17. The stock has a market cap of $41.48 million, a PE 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.