Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Large Increase in Short Interest

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 537 shares, an increase of 597.4% from the July 15th total of 77 shares. Based on an average daily trading volume, of 992 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Bridges Capital Tactical ETF Stock Down 0.1%

NASDAQ:BDGS opened at $36.87 on Wednesday. Bridges Capital Tactical ETF has a 52 week low of $33.54 and a 52 week high of $37.10. The firm has a 50 day moving average of $36.46 and a 200 day moving average of $35.66. The stock has a market capitalization of $43.14 million, a price-to-earnings ratio of 31.16 and a beta of 0.44.

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.