Short Interest in Bridges Capital Tactical ETF (NASDAQ:BDGS) Drops By 98.8%

Bridges Capital Tactical ETF (NASDAQ:BDGS) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 131 shares, a drop of 98.8% from the January 29th total of 10,862 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 6,842 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 6,842 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Bridges Capital Tactical ETF Price Performance

Shares of BDGS stock opened at $34.44 on Friday. The stock has a market capitalization of $38.58 million, a price-to-earnings ratio of 31.16 and a beta of 0.42. The company’s fifty day simple moving average is $34.65 and its two-hundred day simple moving average is $34.48. Bridges Capital Tactical ETF has a 1 year low of $29.12 and a 1 year 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.