Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW) Stock Short Interest Falls 44.9%

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 21,410 shares, a drop of 44.9% from the September 15th total of 38,824 shares. Based on an average daily trading volume, of 14,618 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On Bridger Aerospace Group

A hedge fund recently bought a new position in Bridger Aerospace Group stock. State Street Corp acquired a new stake in shares of Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 101,280 shares of the company’s stock, valued at approximately $194,000.

Bridger Aerospace Group Trading Up 16.2%

Shares of NASDAQ:BAERW traded up $0.01 during trading on Friday, reaching $0.07. The company had a trading volume of 1,001 shares, compared to its average volume of 67,089. Bridger Aerospace Group has a fifty-two week low of $0.05 and a fifty-two week high of $0.64. The stock’s fifty day moving average price is $0.14 and its 200 day moving average price is $0.25.

About Bridger Aerospace Group

Bridger Aerospace Group Holdings, Inc is an aviation company focused on aerial wildfire management and firefighting services. Based in Bozeman, Montana, the company operates specialized aircraft and provides rapid-response capabilities designed to help government agencies detect, contain and suppress wildfires.

Its services include aerial fire suppression, wildfire surveillance, reconnaissance, mapping and related aviation support. Bridger’s fleet has included large air tankers and other specially configured aircraft used to deliver fire retardant or water, gather intelligence and support incident-management efforts.