Short Interest in Bridges Capital Tactical ETF (NASDAQ:BDGS) Grows By 1,848.3%

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 3,390 shares, a growth of 1,848.3% from the February 26th total of 174 shares. Based on an average trading volume of 9,772 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 9,772 shares, the short-interest ratio is presently 0.3 days.

Bridges Capital Tactical ETF Stock Performance

Shares of BDGS traded down $0.22 on Tuesday, reaching $34.32. The stock had a trading volume of 2,407 shares, compared to its average volume of 7,136. Bridges Capital Tactical ETF has a 12-month low of $29.12 and a 12-month high of $35.31. The firm has a market capitalization of $38.44 million, a price-to-earnings ratio of 31.16 and a beta of 0.42. The company has a 50-day simple moving average of $34.61 and a 200-day simple moving average of $34.60.

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.