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

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a large decline in short interest in the month of 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. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,260 shares, the days-to-cover ratio is presently 0.3 days.

Bridges Capital Tactical ETF Trading Down 0.1%

Shares of Bridges Capital Tactical ETF stock opened at $36.42 on Wednesday. The company’s fifty day simple moving average is $35.36 and its two-hundred day simple moving average is $34.92. The company has a market cap of $42.61 million, a P/E 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.

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.