Bridges Capital Tactical ETF (NASDAQ:BDGS) Sees Significant Growth in Short Interest

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 1,665 shares, a growth of 1,335.3% from the March 31st total of 116 shares. Based on an average daily trading volume, of 3,997 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Bridges Capital Tactical ETF Price Performance

Shares of NASDAQ:BDGS opened at $36.15 on Friday. The firm has a market capitalization of $45.55 million, a PE ratio of 31.16 and a beta of 0.42. The business has a 50-day moving average of $34.80 and a two-hundred day moving average of $34.73. Bridges Capital Tactical ETF has a 12 month low of $31.27 and a 12 month high of $36.19.

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.