Short Interest in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Increases By 79.9%

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 54,740 shares, a growth of 79.9% from the January 15th total of 30,426 shares. Based on an average daily volume of 118,450 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 118,450 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On EA Bridgeway Blue Chip ETF

Several institutional investors have recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC boosted its stake in shares of EA Bridgeway Blue Chip ETF by 7.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 99,668 shares of the company’s stock worth $1,521,000 after purchasing an additional 6,645 shares during the period. Magnolia Capital Advisors LLC lifted its holdings in shares of EA Bridgeway Blue Chip ETF by 5.2% in the 4th quarter. Magnolia Capital Advisors LLC now owns 63,372 shares of the company’s stock worth $967,000 after buying an additional 3,121 shares during the period. Kane Investment Management Inc. lifted its stake in EA Bridgeway Blue Chip ETF by 10.6% in the fourth quarter. Kane Investment Management Inc. now owns 37,561 shares of the company’s stock worth $573,000 after acquiring an additional 3,615 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of EA Bridgeway Blue Chip ETF by 2.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 546,773 shares of the company’s stock valued at $8,344,000 after purchasing an additional 11,391 shares in the last quarter. Finally, GWN Securities Inc. boosted its position in EA Bridgeway Blue Chip ETF by 14.5% during the 4th quarter. GWN Securities Inc. now owns 62,261 shares of the company’s stock valued at $950,000 after acquiring an additional 7,881 shares in the last quarter. Hedge funds and other institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of EA Bridgeway Blue Chip ETF stock traded up $0.01 during midday trading on Friday, hitting $15.18. The company had a trading volume of 124,916 shares, compared to its average volume of 131,554. The company has a 50 day moving average of $15.33 and a 200 day moving average of $15.04. EA Bridgeway Blue Chip ETF has a 52-week low of $11.01 and a 52-week high of $15.66. The stock has a market capitalization of $364.47 million, a P/E ratio of -46.00 and a beta of 0.92.

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.