Bridges Capital Tactical ETF (NASDAQ:BDGS) Short Interest Up 597.4% in July

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 537 shares, a growth of 597.4% from the July 15th total of 77 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 992 shares, the days-to-cover ratio is presently 0.5 days.

Bridges Capital Tactical ETF Stock Performance

NASDAQ BDGS traded up $0.21 during trading hours on Thursday, hitting $37.10. 1,018 shares of the company’s stock were exchanged, compared to its average volume of 5,364. The business’s 50 day moving average is $36.46 and its 200-day moving average is $35.68. Bridges Capital Tactical ETF has a 12-month low of $33.54 and a 12-month high of $37.11. The firm has a market capitalization of $43.41 million, a P/E ratio of 31.16 and a beta of 0.44.

Bridges Capital Tactical ETF Company Profile

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. BDGS was launched on May 11, 2023 and is managed by Bridges.