EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) Short Interest Up 354.1% in December

by · The Markets Daily

EA Bridgeway Blue Chip ETF (NYSEARCA:BBLUGet Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 51,804 shares, an increase of 354.1% from the November 30th total of 11,408 shares. Based on an average trading volume of 112,996 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 112,996 shares, the short-interest ratio is currently 0.5 days.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of BBLU stock opened at $15.44 on Thursday. The firm has a market cap of $339.37 million, a P/E ratio of -46.79 and a beta of 0.92. The firm’s 50 day moving average price is $15.32 and its 200-day moving average price is $14.63. EA Bridgeway Blue Chip ETF has a one year low of $11.01 and a one year high of $15.66.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Stephens Inc. AR purchased a new stake in shares of EA Bridgeway Blue Chip ETF in the 2nd quarter valued at $140,000. Main Street Group LTD grew its position in EA Bridgeway Blue Chip ETF by 548.7% in the 3rd quarter. Main Street Group LTD now owns 10,075 shares of the company’s stock valued at $151,000 after acquiring an additional 8,522 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in EA Bridgeway Blue Chip ETF during the third quarter worth about $189,000. Midwest Trust Co acquired a new stake in shares of EA Bridgeway Blue Chip ETF during the second quarter worth about $195,000. Finally, Jane Street Group LLC acquired a new stake in shares of EA Bridgeway Blue Chip ETF during the first quarter worth about $204,000. 2.80% of the stock is currently owned by hedge funds and other institutional investors.

EA Bridgeway Blue Chip ETF Company Profile

(Get Free Report)

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.

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