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

Bridges Capital Tactical ETF (NASDAQ:BDGS) was the target of a large increase in short interest in 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 trading volume of 7,200 shares, the short-interest ratio is presently 0.1 days.

Bridges Capital Tactical ETF Price Performance

BDGS stock opened at $31.88 on Thursday. Bridges Capital Tactical ETF has a 12-month low of $26.99 and a 12-month high of $33.04. The stock’s 50 day simple moving average is $31.91 and its 200 day simple moving average is $30.70.

Bridges Capital Tactical ETF Increases Dividend

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

Institutional Investors Weigh In On Bridges Capital Tactical ETF

A hedge fund recently bought a new stake in Bridges Capital Tactical ETF stock. Worth Asset Management LLC purchased a new stake in shares of Bridges Capital Tactical ETF (NASDAQ:BDGS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and 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 at the end of the most recent quarter.

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.