3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Update

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 421 shares, a decline of 54.4% from the February 26th total of 924 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 367,258 shares, the days-to-cover ratio is currently 0.0 days.

3EDGE Dynamic International Equity ETF Price Performance

Shares of EDGI stock traded down $0.26 during mid-day trading on Friday, hitting $27.52. 6,573 shares of the stock traded hands, compared to its average volume of 115,388. 3EDGE Dynamic International Equity ETF has a 52-week low of $21.17 and a 52-week high of $31.62. The stock has a market cap of $165.67 million, a P/E ratio of 15.94 and a beta of 1.10. The stock’s fifty day moving average is $29.80 and its two-hundred day moving average is $28.73.

3EDGE Dynamic International Equity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 246.0%.

Hedge Funds Weigh In On 3EDGE Dynamic International Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of EDGI. Bank of America Corp DE purchased a new position in 3EDGE Dynamic International Equity ETF in the 3rd quarter worth $50,000. Basepoint Wealth LLC acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the fourth quarter valued at about $124,000. Ausdal Financial Partners Inc. acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the third quarter valued at about $217,000. Diversify Advisory Services LLC purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the third quarter worth about $218,000. Finally, Coldstream Capital Management Inc. purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the third quarter worth about $251,000.

About 3EDGE Dynamic International Equity ETF

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.