Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 21,410 shares, a decrease of 44.9% from the September 15th total of 38,824 shares. Based on an average daily trading volume, of 14,618 shares, the days-to-cover ratio is currently 1.5 days.
Bridger Aerospace Group Stock Performance
NASDAQ BAERW traded up $0.00 during trading hours on Friday, reaching $0.07. 1,003 shares of the company were exchanged, compared to its average volume of 66,720. Bridger Aerospace Group has a 1 year low of $0.05 and a 1 year high of $0.64. The business’s 50 day simple moving average is $0.13 and its 200-day simple moving average is $0.25.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Bridger Aerospace Group stock. State Street Corp purchased a new position in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 101,280 shares of the company’s stock, valued at approximately $194,000.
About Bridger Aerospace Group
Bridger Aerospace Group Holdings, Inc is an aviation company focused on aerial wildfire management and firefighting services. Based in Bozeman, Montana, the company operates specialized aircraft and provides rapid-response capabilities designed to help government agencies detect, contain and suppress wildfires.
Its services include aerial fire suppression, wildfire surveillance, reconnaissance, mapping and related aviation support. Bridger’s fleet has included large air tankers and other specially configured aircraft used to deliver fire retardant or water, gather intelligence and support incident-management efforts.
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