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

Posted by Linda Flegge on Jan 30th, 2025

Bridges Capital Tactical ETF (NASDAQ:BDGS – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 800 shares, an increase of 166.7% from the December 31st total of 300 shares. Based on an average trading volume of 7,200 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bridges Capital Tactical ETF stock. Worth Asset Management LLC purchased a new position in shares of Bridges Capital Tactical ETF (NASDAQ:BDGS – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,471 shares of the company’s stock, valued at approximately $299,000. Worth Asset Management LLC owned 0.98% of Bridges Capital Tactical ETF at the end of the most recent quarter.

Bridges Capital Tactical ETF Trading Up 0.1 %

NASDAQ BDGS traded up $0.05 during trading hours on Thursday, hitting $32.33. 32,565 shares of the company were exchanged, compared to its average volume of 11,030. Bridges Capital Tactical ETF has a 52 week low of $27.13 and a 52 week high of $33.04. The stock has a 50-day moving average price of $32.03 and a 200 day moving average price of $30.95.

Bridges Capital Tactical ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a dividend of $0.5708 per share. The ex-dividend date of this dividend was Monday, December 30th. This is a positive change from Bridges Capital Tactical ETF’s previous dividend of $0.23.

Bridges Capital Tactical ETF Company Profile

(Get Free Report)

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.