3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Sees Significant Increase in Short Interest

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 67,877 shares, a growth of 1,858.4% from the August 31st total of 3,466 shares. Based on an average trading volume of 371,237 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

3EDGE Dynamic Fixed Income ETF Stock Down 0.2%

EDGF traded down $0.06 on Thursday, hitting $24.50. The company had a trading volume of 60,571 shares, compared to its average volume of 165,348. The company’s fifty day moving average price is $24.63 and its 200 day moving average price is $24.72. 3EDGE Dynamic Fixed Income ETF has a 1-year low of $24.38 and a 1-year high of $25.07.

Institutional Trading of 3EDGE Dynamic Fixed Income ETF

An institutional investor recently raised its stake in 3EDGE Dynamic Fixed Income ETF stock. Bank of New York Mellon Corp lifted its position in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) by 154.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,348 shares of the company’s stock after buying an additional 13,570 shares during the quarter. Bank of New York Mellon Corp owned about 0.11% of 3EDGE Dynamic Fixed Income ETF worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

About 3EDGE Dynamic Fixed Income ETF

The 3EDGE Dynamic Fixed Income ETF (EDGF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that broadly invests in fixed income securities of various maturities and credit quality. The fund dynamically shifts across various debt securities depending on market conditions. EDGF was launched on Oct 3, 2024 and is issued by 3Edge.