Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Significant Decrease in Short Interest

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

Bridges Capital Tactical ETF Stock Performance

BDGS stock opened at $35.91 on Friday. Bridges Capital Tactical ETF has a fifty-two week low of $32.73 and a fifty-two week high of $36.96. The business’s 50-day moving average is $36.38 and its two-hundred day moving average is $35.26. The company has a market cap of $42.01 million, a price-to-earnings ratio of 31.16 and a beta of 0.43.

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.