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

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

Bridges Capital Tactical ETF Trading Up 0.5 %

Shares of Bridges Capital Tactical ETF stock traded up $0.17 during trading on Tuesday, reaching $31.52. The company’s stock had a trading volume of 100 shares, compared to its average volume of 10,900. Bridges Capital Tactical ETF has a one year low of $26.99 and a one year high of $33.04. The business’s fifty day moving average price is $31.89 and its 200-day moving average price is $30.67.

Bridges Capital Tactical ETF Increases Dividend

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

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 Bridges Capital Tactical ETF (NASDAQ:BDGS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,471 shares of the company’s stock, valued at approximately $299,000. Worth Asset Management LLC owned approximately 0.98% of Bridges Capital Tactical ETF as of its most recent SEC filing.

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.