Bridges Capital Tactical ETF (NASDAQ:BDGS) Short Interest Down 90.2% in June

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 567 shares, a decline of 90.2% from the May 31st total of 5,809 shares. Based on an average daily volume of 2,402 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Bridges Capital Tactical ETF Price Performance

NASDAQ:BDGS traded up $0.20 during trading hours on Friday, reaching $36.06. 4,065 shares of the company traded hands, compared to its average volume of 5,499. The firm’s 50-day moving average is $36.38 and its 200-day moving average is $35.27. The stock has a market cap of $42.19 million, a P/E ratio of 31.16 and a beta of 0.43. Bridges Capital Tactical ETF has a 1-year low of $32.73 and a 1-year high of $36.96.

About Bridges Capital Tactical ETF

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.