Short Interest in Bridges Capital Tactical ETF (NASDAQ:BDGS) Decreases By 98.4%

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 77 shares, a decline of 98.4% from the June 30th total of 4,798 shares. Based on an average daily volume of 12,238 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Bridges Capital Tactical ETF Stock Performance

Shares of BDGS stock traded down $0.13 during trading hours on Friday, reaching $36.12. The company had a trading volume of 245 shares, compared to its average volume of 5,710. The stock’s fifty day simple moving average is $36.50 and its 200 day simple moving average is $35.52. Bridges Capital Tactical ETF has a twelve month low of $33.05 and a twelve month high of $36.96. The company has a market capitalization of $42.26 million, a P/E ratio of 31.16 and a beta of 0.44.

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