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

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 90,532 shares, a decline of 39.3% from the April 30th total of 149,052 shares. Based on an average trading volume of 102,228 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the company’s shares are sold short.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of NYSEARCA:BBLU traded down $0.09 during mid-day trading on Wednesday, hitting $16.87. The stock had a trading volume of 8,692 shares, compared to its average volume of 109,651. The company’s 50 day moving average is $15.70 and its 200-day moving average is $15.41. EA Bridgeway Blue Chip ETF has a 12-month low of $13.03 and a 12-month high of $16.96. The company has a market cap of $423.61 million, a PE ratio of -51.12 and a beta of 0.89.

Institutional Trading of EA Bridgeway Blue Chip ETF

A number of hedge funds have recently modified their holdings of the business. Kohmann Bosshard Financial Services LLC purchased a new position in shares of EA Bridgeway Blue Chip ETF during the fourth quarter valued at $44,000. Main Street Group LTD raised its holdings in EA Bridgeway Blue Chip ETF by 548.7% during the third quarter. Main Street Group LTD now owns 10,075 shares of the company’s stock valued at $151,000 after buying an additional 8,522 shares in the last quarter. Capital Wealth Management LLC bought a new stake in shares of EA Bridgeway Blue Chip ETF during the 1st quarter worth about $160,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of EA Bridgeway Blue Chip ETF during the 4th quarter worth about $167,000. Finally, Stephens Inc. AR increased its holdings in shares of EA Bridgeway Blue Chip ETF by 6.1% during the 4th quarter. Stephens Inc. AR now owns 11,550 shares of the company’s stock valued at $176,000 after acquiring an additional 660 shares during the last quarter. Hedge funds and other institutional investors 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.