3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Significant Decrease in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 4,880 shares, a drop of 78.6% from the February 26th total of 22,840 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 35,968 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 35,968 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

A hedge fund recently bought a new stake in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC acquired a new position in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned 0.08% of 3EDGE Dynamic Hard Assets ETF at the end of the most recent reporting period.

3EDGE Dynamic Hard Assets ETF Trading Up 0.8%

Shares of EDGH stock traded up $0.26 on Wednesday, reaching $33.21. 10,116 shares of the stock were exchanged, compared to its average volume of 46,402. The firm has a 50 day moving average of $33.50 and a two-hundred day moving average of $31.02. 3EDGE Dynamic Hard Assets ETF has a 1-year low of $24.76 and a 1-year high of $35.71.

3EDGE Dynamic Hard Assets ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $0.3577 per share. This represents a yield of 116.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

About 3EDGE Dynamic Hard Assets ETF

The 3EDGE Dynamic Hard Assets ETF (EDGH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that invests in various hard assets. The fund seeks capital appreciation and limits losses depending on market conditions. EDGH was launched on Oct 3, 2024 and is issued by 3Edge.