Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Large Decline in Short Interest

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 100 shares, a decline of 96.3% from the March 15th total of 2,700 shares. Based on an average daily trading volume, of 9,100 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Bridges Capital Tactical ETF Stock Up 0.3 %

Shares of BDGS traded up $0.09 on Tuesday, hitting $31.19. 2,758 shares of the stock traded hands, compared to its average volume of 8,792. Bridges Capital Tactical ETF has a 1 year low of $27.53 and a 1 year high of $33.04. The stock’s 50 day moving average is $31.45 and its two-hundred day moving average is $31.54. The firm has a market capitalization of $35.25 million, a P/E ratio of 25.98 and a beta of 0.32.

Institutional Investors Weigh In On Bridges Capital Tactical ETF

A hedge fund recently bought a new stake in Bridges Capital Tactical ETF stock. Worth Asset Management LLC purchased a new position in Bridges Capital Tactical ETF (NASDAQ:BDGS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,471 shares of the company’s stock, valued at approximately $299,000. Worth Asset Management LLC owned about 0.98% of Bridges Capital Tactical ETF at the end of the most recent quarter.

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.