EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Stock Short Interest Falls 57.7%

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) saw a significant decline in short interest in 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 stock are short sold. Based on an average daily volume of 107,053 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On EA Bridgeway Blue Chip ETF

Several institutional investors have recently bought and sold shares of the company. Arete Wealth Advisors LLC boosted its position in EA Bridgeway Blue Chip ETF by 2.5% during the first quarter. Arete Wealth Advisors LLC now owns 102,121 shares of the company’s stock worth $1,504,000 after purchasing an additional 2,453 shares during the period. Stephens Inc. AR increased its holdings in shares of EA Bridgeway Blue Chip ETF by 44.6% in the first quarter. Stephens Inc. AR now owns 16,701 shares of the company’s stock valued at $247,000 after purchasing an additional 5,151 shares during the last quarter. Capital Wealth Management LLC raised its position in shares of EA Bridgeway Blue Chip ETF by 49.6% in the second quarter. Capital Wealth Management LLC now owns 16,190 shares of the company’s stock valued at $267,000 after purchasing an additional 5,365 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of EA Bridgeway Blue Chip ETF by 6.4% in the second quarter. Concurrent Investment Advisors LLC now owns 133,370 shares of the company’s stock valued at $2,201,000 after purchasing an additional 8,043 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in shares of EA Bridgeway Blue Chip ETF in the second quarter valued at about $175,000. Institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Trading Down 0.4%

Shares of BBLU stock traded down $0.07 on Wednesday, hitting $17.59. 118,915 shares of the stock were exchanged, compared to its average volume of 95,985. The firm has a market capitalization of $481.26 million, a P/E ratio of -53.30 and a beta of 0.90. EA Bridgeway Blue Chip ETF has a fifty-two week low of $14.34 and a fifty-two week high of $17.71. The business has a 50-day moving average of $17.37 and a 200 day moving average of $16.62.

About EA Bridgeway Blue Chip ETF

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.