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

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 117,072 shares, an increase of 69.6% from the June 30th total of 69,047 shares. Based on an average daily trading volume, of 64,994 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.4% of the company’s shares are short sold.

EA Bridgeway Blue Chip ETF Stock Performance

BBLU opened at $16.67 on Friday. The stock has a market capitalization of $441.42 million, a PE ratio of -50.52 and a beta of 0.90. The stock’s 50 day moving average price is $16.63 and its 200-day moving average price is $15.81. EA Bridgeway Blue Chip ETF has a 52-week low of $13.80 and a 52-week high of $16.98.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its stake in shares of EA Bridgeway Blue Chip ETF by 25.2% during the 1st quarter. Cetera Investment Advisers now owns 1,496,579 shares of the company’s stock valued at $22,090,000 after purchasing an additional 301,683 shares in the last quarter. Annex Advisory Services LLC bought a new position in EA Bridgeway Blue Chip ETF in the fourth quarter worth about $22,026,000. Raymond James Financial Inc. lifted its holdings in EA Bridgeway Blue Chip ETF by 24.8% in the third quarter. Raymond James Financial Inc. now owns 871,441 shares of the company’s stock worth $13,097,000 after buying an additional 172,971 shares during the period. Commonwealth Equity Services LLC boosted its position in EA Bridgeway Blue Chip ETF by 2.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 546,773 shares of the company’s stock valued at $8,344,000 after acquiring an additional 11,391 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in EA Bridgeway Blue Chip ETF by 105.1% during the 1st quarter. D.A. Davidson & CO. now owns 499,940 shares of the company’s stock valued at $7,379,000 after acquiring an additional 256,152 shares in the last quarter. 2.80% of the stock is currently owned by institutional investors.

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.