Short Interest in Bridges Capital Tactical ETF (NASDAQ:BDGS) Rises By 746.2%

Bridges Capital Tactical ETF (NASDAQ:BDGS) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 4,798 shares, a growth of 746.2% from the June 15th total of 567 shares. Based on an average daily trading volume, of 5,872 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s shares are short sold.

Bridges Capital Tactical ETF Price Performance

NASDAQ BDGS opened at $36.77 on Monday. The company has a fifty day moving average of $36.47 and a two-hundred day moving average of $35.39. The firm has a market capitalization of $45.23 million, a price-to-earnings ratio of 31.16 and a beta of 0.44. Bridges Capital Tactical ETF has a 52 week low of $32.98 and a 52 week 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.