EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Down 48.6% in January

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 30,426 shares, a decline of 48.6% from the December 31st total of 59,207 shares. Based on an average trading volume of 117,685 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 117,685 shares, the days-to-cover ratio is presently 0.3 days.

EA Bridgeway Blue Chip ETF Price Performance

NYSEARCA BBLU traded down $0.01 during trading on Friday, reaching $15.34. 231,782 shares of the company’s stock traded hands, compared to its average volume of 116,933. The company’s 50 day simple moving average is $15.32 and its two-hundred day simple moving average is $14.94. EA Bridgeway Blue Chip ETF has a 12-month low of $11.01 and a 12-month high of $15.66. The firm has a market cap of $368.19 million, a price-to-earnings ratio of -46.47 and a beta of 0.92.

Institutional Trading of EA Bridgeway Blue Chip ETF

Several large investors have recently bought and sold shares of the business. Annex Advisory Services LLC purchased a new stake in EA Bridgeway Blue Chip ETF in the fourth quarter valued at approximately $22,026,000. WFA Asset Management Corp lifted its position in EA Bridgeway Blue Chip ETF by 10.9% in the third quarter. WFA Asset Management Corp now owns 1,207,052 shares of the company’s stock valued at $18,141,000 after acquiring an additional 118,148 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of EA Bridgeway Blue Chip ETF by 24.8% during the third quarter. Raymond James Financial Inc. now owns 871,441 shares of the company’s stock worth $13,097,000 after purchasing an additional 172,971 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of EA Bridgeway Blue Chip ETF by 74.7% in the second quarter. Cetera Investment Advisers now owns 767,499 shares of the company’s stock valued at $10,556,000 after acquiring an additional 328,192 shares during the period. Finally, Allworth Financial LP lifted its position in EA Bridgeway Blue Chip ETF by 0.3% during the 2nd quarter. Allworth Financial LP now owns 407,694 shares of the company’s stock worth $5,607,000 after acquiring an additional 1,383 shares during the period. Hedge funds and other institutional investors own 2.80% of the company’s stock.

About EA Bridgeway Blue Chip ETF

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.