EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Shares Shorted: Short Interest Down 57.7% in September

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 94,087 shares, a decline of 57.7% from the September 15th total of 222,188 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 107,053 shares, the days-to-cover ratio is currently 0.9 days.

EA Bridgeway Blue Chip ETF Trading Up 0.2%

BBLU traded up $0.03 during midday trading on Tuesday, hitting $17.66. The company’s stock had a trading volume of 95,620 shares, compared to its average volume of 95,868. EA Bridgeway Blue Chip ETF has a 52-week low of $14.34 and a 52-week high of $17.71. The firm has a 50-day moving average price of $17.36 and a two-hundred day moving average price of $16.60. The firm has a market cap of $482.65 million, a P/E ratio of -53.52 and a beta of 0.90.

Institutional Investors Weigh In On EA Bridgeway Blue Chip ETF

Several hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers grew its holdings in EA Bridgeway Blue Chip ETF by 25.2% in the first quarter. Cetera Investment Advisers now owns 1,496,579 shares of the company’s stock valued at $22,090,000 after purchasing an additional 301,683 shares during the period. D.A. Davidson & CO. increased its position in EA Bridgeway Blue Chip ETF by 105.1% during the first quarter. D.A. Davidson & CO. now owns 499,940 shares of the company’s stock worth $7,379,000 after purchasing an additional 256,152 shares during the last quarter. Ameritas Advisory Services LLC increased its position in EA Bridgeway Blue Chip ETF by 281.3% during the second quarter. Ameritas Advisory Services LLC now owns 221,668 shares of the company’s stock worth $3,658,000 after purchasing an additional 163,536 shares during the last quarter. Envision Financial Transparency LLC purchased a new position in EA Bridgeway Blue Chip ETF during the first quarter worth approximately $863,000. Finally, Envestnet Asset Management Inc. raised its stake in EA Bridgeway Blue Chip ETF by 14.8% during the second quarter. Envestnet Asset Management Inc. now owns 193,212 shares of the company’s stock worth $3,188,000 after purchasing an additional 24,843 shares during the period. 2.80% of the stock is owned by institutional investors and hedge funds.

EA Bridgeway Blue Chip ETF Company Profile

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.