EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Shares Shorted: Short Interest Up 74.8% in September

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 222,188 shares, a growth of 74.8% from the August 31st total of 127,078 shares. Based on an average trading volume of 111,181 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.8% of the company’s stock are sold short.

EA Bridgeway Blue Chip ETF Trading Down 0.1%

Shares of NYSEARCA BBLU opened at $17.09 on Friday. The stock has a market cap of $465.87 million, a P/E ratio of -51.79 and a beta of 0.90. The business’s fifty day simple moving average is $17.26 and its 200-day simple moving average is $16.47. EA Bridgeway Blue Chip ETF has a 12-month low of $14.34 and a 12-month high of $17.58.

Institutional Investors Weigh In On EA Bridgeway Blue Chip ETF

Hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers boosted its stake in shares of EA Bridgeway Blue Chip ETF by 25.2% in the 1st quarter. Cetera Investment Advisers now owns 1,496,579 shares of the company’s stock valued at $22,090,000 after buying an additional 301,683 shares during the period. D.A. Davidson & CO. raised its holdings in EA Bridgeway Blue Chip ETF by 105.1% in the first quarter. D.A. Davidson & CO. now owns 499,940 shares of the company’s stock valued at $7,379,000 after acquiring an additional 256,152 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in EA Bridgeway Blue Chip ETF by 281.3% in the second quarter. Ameritas Advisory Services LLC now owns 221,668 shares of the company’s stock valued at $3,658,000 after acquiring an additional 163,536 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in EA Bridgeway Blue Chip ETF by 14.8% in the second quarter. Envestnet Asset Management Inc. now owns 193,212 shares of the company’s stock worth $3,188,000 after acquiring an additional 24,843 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in EA Bridgeway Blue Chip ETF by 10.6% in the first quarter. Royal Bank of Canada now owns 184,644 shares of the company’s stock worth $2,725,000 after acquiring an additional 17,673 shares during the last quarter. Institutional investors and hedge funds own 2.80% of the company’s stock.

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.