Short Interest in Bridges Capital Tactical ETF (NASDAQ:BDGS) Declines By 98.4%

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 77 shares, a drop of 98.4% from the June 30th total of 4,798 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 12,238 shares, the days-to-cover ratio is presently 0.0 days.

Bridges Capital Tactical ETF Stock Performance

NASDAQ BDGS traded down $0.13 during trading on Friday, reaching $36.12. 245 shares of the company’s stock were exchanged, compared to its average volume of 5,710. The company has a 50 day moving average price of $36.50 and a two-hundred day moving average price of $35.52. The stock has a market cap of $42.26 million, a P/E ratio of 31.16 and a beta of 0.44. Bridges Capital Tactical ETF has a 1 year low of $33.05 and a 1 year high of $36.96.

About Bridges Capital Tactical ETF

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.