EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Shares Shorted: Short Interest Up 74.8% in September

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 222,188 shares, an increase of 74.8% from the August 31st total of 127,078 shares. Based on an average trading volume of 111,181 shares, the short-interest ratio is currently 2.0 days. Currently, 0.8% of the company’s shares are sold short.

EA Bridgeway Blue Chip ETF Stock Down 0.1%

Shares of NYSEARCA:BBLU traded down $0.02 during midday trading on Thursday, reaching $17.09. 88,240 shares of the company were exchanged, compared to its average volume of 96,381. The firm has a market cap of $463.31 million, a PE ratio of -51.78 and a beta of 0.89. EA Bridgeway Blue Chip ETF has a fifty-two week low of $14.34 and a fifty-two week high of $17.58. The stock has a fifty day simple moving average of $17.25 and a two-hundred day simple moving average of $16.45.

Hedge Funds Weigh In On EA Bridgeway Blue Chip ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BBLU. Capital Wealth Management LLC bought a new stake in shares of EA Bridgeway Blue Chip ETF in the 1st quarter valued at about $160,000. Integrated Wealth Concepts LLC bought a new stake in EA Bridgeway Blue Chip ETF in the second quarter valued at approximately $175,000. Avantax Planning Partners Inc. acquired a new stake in shares of EA Bridgeway Blue Chip ETF in the first quarter valued at approximately $194,000. Redwood Financial Network Corp acquired a new stake in shares of EA Bridgeway Blue Chip ETF in the fourth quarter valued at approximately $214,000. Finally, Prospera Financial Services Inc bought a new position in shares of EA Bridgeway Blue Chip ETF during the 4th quarter worth approximately $245,000. 2.80% of the stock is owned by institutional investors.

EA Bridgeway Blue Chip ETF Company Profile

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.