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

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 4,359 shares, a decline of 39.1% from the June 30th total of 7,155 shares. Based on an average daily volume of 122,752 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC acquired a new stake in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned approximately 0.08% of 3EDGE Dynamic Hard Assets ETF as of its most recent SEC filing.

3EDGE Dynamic Hard Assets ETF Stock Performance

Shares of NYSEARCA EDGH traded up $0.22 during midday trading on Thursday, reaching $33.26. The stock had a trading volume of 12,225 shares, compared to its average volume of 47,873. The stock has a 50-day moving average of $32.99 and a 200-day moving average of $33.62. 3EDGE Dynamic Hard Assets ETF has a 12-month low of $26.25 and a 12-month high of $35.94.

3EDGE Dynamic Hard Assets ETF Company Profile

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.