Bridges Capital Tactical ETF (NASDAQ:BDGS) Short Interest Up 166.7% in December

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 800 shares, a growth of 166.7% from the December 15th total of 300 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Bridges Capital Tactical ETF

An institutional investor recently bought a new position in Bridges Capital Tactical ETF stock. Worth Asset Management LLC acquired a new position in shares of Bridges Capital Tactical ETF (NASDAQ:BDGS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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 as of its most recent filing with the Securities and Exchange Commission.

Bridges Capital Tactical ETF Trading Up 1.5 %

Shares of NASDAQ:BDGS traded up $0.48 during trading on Wednesday, reaching $31.93. The stock had a trading volume of 14,239 shares, compared to its average volume of 13,927. The stock has a fifty day simple moving average of $31.90 and a two-hundred day simple moving average of $30.69. Bridges Capital Tactical ETF has a 52 week low of $26.99 and a 52 week high of $33.04.

Bridges Capital Tactical ETF Increases Dividend

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

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.