Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAERW – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 31,864 shares, a drop of 45.7% from the July 30th total of 58,649 shares. Based on an average daily trading volume, of 79,320 shares, the days-to-cover ratio is currently 0.4 days.
Bridger Aerospace Group Stock Down 2.8%
Shares of NASDAQ:BAERW traded down $0.01 during midday trading on Tuesday, reaching $0.17. The company’s stock had a trading volume of 9,726 shares, compared to its average volume of 74,267. The firm has a 50 day moving average price of $0.23 and a two-hundred day moving average price of $0.33. Bridger Aerospace Group has a fifty-two week low of $0.06 and a fifty-two week high of $0.64.
About Bridger Aerospace Group
Bridger Aerospace Group, Inc is an aviation services company specializing in aerial firefighting and airborne data collection. The company operates a fleet of manned aircraft and unmanned aerial systems (UAS) to support wildfire mitigation, geospatial mapping, pipeline inspection, powerline surveillance, and vegetation management. Bridger leverages proprietary technology to deliver real-time intelligence and precision solutions for both emergency response and infrastructure monitoring.
In its aerial firefighting division, Bridger provides retardant and water drop services to federal, state and local fire agencies.
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