Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Large Decline in Short Interest

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 10,862 shares, a decrease of 12.9% from the January 15th total of 12,475 shares. Based on an average daily volume of 10,596 shares, the short-interest ratio is presently 1.0 days. Currently, 1.0% of the shares of the company are short sold. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 10,596 shares, the short-interest ratio is presently 1.0 days.

Bridges Capital Tactical ETF Price Performance

Shares of NASDAQ BDGS opened at $34.28 on Tuesday. The business has a fifty day moving average price of $34.73 and a two-hundred day moving average price of $34.45. The stock has a market capitalization of $38.39 million, a PE ratio of 31.16 and a beta of 0.42. Bridges Capital Tactical ETF has a fifty-two week low of $29.12 and a fifty-two week high of $35.31.

Bridges Capital Tactical ETF Company Profile

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.