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

Bridges Capital Tactical ETF (NASDAQ:BDGS) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,700 shares, an increase of 440.0% from the February 28th total of 500 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

Bridges Capital Tactical ETF Stock Down 0.2 %

BDGS stock opened at $31.33 on Friday. The stock has a market cap of $31.33 million, a PE ratio of 25.86 and a beta of 0.32. The firm’s 50-day simple moving average is $31.90 and its 200 day simple moving average is $31.50. Bridges Capital Tactical ETF has a fifty-two week low of $27.33 and a fifty-two week high of $33.04.

Institutional Investors 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 its most recent Form 13F filing with the SEC. The institutional investor acquired 9,471 shares of the company’s stock, valued at approximately $299,000. Worth Asset Management LLC owned approximately 0.98% of Bridges Capital Tactical ETF at the end of the most recent reporting period.

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.