Short Interest in Bridges Capital Tactical ETF (NASDAQ:BDGS) Drops By 58.6%

Bridges Capital Tactical ETF (NASDAQ:BDGS) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 3,600 shares, a decline of 58.6% from the January 15th total of 8,700 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 0.4 days.

Bridges Capital Tactical ETF Trading Up 0.0 %

Shares of Bridges Capital Tactical ETF stock traded up $0.02 during midday trading on Friday, hitting $32.39. 5,424 shares of the company traded hands, compared to its average volume of 11,151. The firm’s fifty day moving average price is $32.12 and its 200-day moving average price is $31.14. Bridges Capital Tactical ETF has a 12 month low of $27.26 and a 12 month high of $33.04.

Bridges Capital Tactical ETF Increases Dividend

The business also recently disclosed 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 was Monday, December 30th. This is an increase from Bridges Capital Tactical ETF’s previous dividend of $0.23.

Institutional Trading of Bridges Capital Tactical ETF

A hedge fund recently bought a new stake in Bridges Capital Tactical ETF stock. Worth Asset Management LLC bought a new position in shares of Bridges Capital Tactical ETF (NASDAQ:BDGS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 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 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.