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

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 1,089 shares, a decline of 34.6% from the April 15th total of 1,665 shares. Based on an average daily trading 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 sold short.

Bridges Capital Tactical ETF Stock Down 0.3%

Bridges Capital Tactical ETF stock traded down $0.11 during mid-day trading on Monday, reaching $36.45. 3,660 shares of the company’s stock traded hands, compared to its average volume of 5,581. The company has a market cap of $42.65 million, a price-to-earnings ratio of 31.16 and a beta of 0.43. Bridges Capital Tactical ETF has a 12-month low of $32.06 and a 12-month high of $36.56. The stock has a 50 day moving average of $35.30 and a two-hundred day 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.