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

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 500 shares, a decrease of 85.3% from the February 13th total of 3,400 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Bridges Capital Tactical ETF

A hedge fund recently bought a new stake in Bridges Capital Tactical ETF stock. Worth Asset Management LLC acquired a new position in Bridges Capital Tactical ETF (NASDAQ:BDGS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,471 shares of the company’s stock, valued at approximately $299,000. Worth Asset Management LLC owned 0.98% of Bridges Capital Tactical ETF as of its most recent SEC filing.

Bridges Capital Tactical ETF Stock Up 0.5 %

BDGS traded up $0.15 during midday trading on Wednesday, reaching $30.96. The company had a trading volume of 14,456 shares, compared to its average volume of 9,871. The business has a 50-day moving average of $32.00 and a two-hundred day moving average of $31.44. The company has a market cap of $30.96 million, a P/E ratio of 32.43 and a beta of 0.32. Bridges Capital Tactical ETF has a 1 year low of $27.33 and a 1 year high of $33.04.

Bridges Capital Tactical ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were paid a $0.5708 dividend. This is a positive change from Bridges Capital Tactical ETF’s previous dividend of $0.23. The ex-dividend date was Monday, December 30th.

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.