EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Update

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 30,426 shares, a drop of 48.6% from the December 31st total of 59,207 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 117,685 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 117,685 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

EA Bridgeway Blue Chip ETF Stock Performance

EA Bridgeway Blue Chip ETF stock traded down $0.01 during trading on Friday, reaching $15.34. 231,782 shares of the company’s stock were exchanged, compared to its average volume of 116,933. EA Bridgeway Blue Chip ETF has a 52-week low of $11.01 and a 52-week high of $15.66. The firm has a market cap of $368.19 million, a price-to-earnings ratio of -46.47 and a beta of 0.92. The company’s 50-day moving average is $15.32 and its two-hundred day moving average is $14.94.

Institutional Investors Weigh In On EA Bridgeway Blue Chip ETF

A number of institutional investors and hedge funds have recently modified their holdings of BBLU. American Trust purchased a new position in shares of EA Bridgeway Blue Chip ETF during the second quarter valued at $602,000. Stephens Inc. AR acquired a new stake in EA Bridgeway Blue Chip ETF during the 2nd quarter valued at $140,000. D.A. Davidson & CO. acquired a new stake in shares of EA Bridgeway Blue Chip ETF in the 3rd quarter valued at $932,000. Concurrent Investment Advisors LLC lifted its stake in EA Bridgeway Blue Chip ETF by 11.8% in the second quarter. Concurrent Investment Advisors LLC now owns 107,751 shares of the company’s stock valued at $1,482,000 after buying an additional 11,401 shares during the period. Finally, Truist Financial Corp raised its position in shares of EA Bridgeway Blue Chip ETF by 15.4% during the second quarter. Truist Financial Corp now owns 19,429 shares of the company’s stock worth $267,000 after purchasing an additional 2,600 shares during the period. Institutional investors and hedge funds own 2.80% of the company’s stock.

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.