Bridges Capital Tactical ETF (NASDAQ:BDGS) Short Interest Down 34.6% in April

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,089 shares, a drop of 34.6% from the April 15th total of 1,665 shares. Based on an average daily volume of 4,260 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Bridges Capital Tactical ETF Stock Down 0.3%

Shares of BDGS traded down $0.11 during midday trading on Monday, reaching $36.45. The company had a trading volume of 3,660 shares, compared to its average volume of 5,581. The stock has a market cap of $42.65 million, a PE ratio of 31.16 and a beta of 0.43. Bridges Capital Tactical ETF has a 1-year low of $32.06 and a 1-year high of $36.56. The firm has a 50 day simple moving average of $35.30 and a 200-day simple moving average of $34.90.

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.