Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 21,410 shares, a decline of 44.9% from the September 15th total of 38,824 shares. Based on an average daily volume of 14,618 shares, the days-to-cover ratio is currently 1.5 days.
Hedge Funds Weigh In On Bridger Aerospace Group
An institutional investor recently bought a new position in Bridger Aerospace Group stock. State Street Corp purchased a new stake in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 101,280 shares of the company’s stock, valued at approximately $194,000.
Bridger Aerospace Group Stock Up 22.4%
Shares of BAERW stock traded up $0.01 on Thursday, reaching $0.07. The stock had a trading volume of 2,225 shares, compared to its average volume of 67,082. Bridger Aerospace Group has a 12 month low of $0.05 and a 12 month high of $0.64. The firm’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.25.
Bridger Aerospace Group Company Profile
Bridger Aerospace Group, Inc is an aerial firefighting and wildfire management company based in Bozeman, Montana. The company provides specialized aviation services to government agencies and other customers involved in wildfire response, including the detection, containment and suppression of wildfires.
Its operations include the use of aircraft and crews to deliver fire retardant and water, support aerial reconnaissance, and provide other incident-response capabilities. Bridger also offers aerial mapping, surveillance and related data services that can assist with emergency management, infrastructure monitoring and other public-safety applications.
Bridger Aerospace serves customers primarily in the United States, including federal and state agencies.
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