Short Interest in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Decreases By 58.3%

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 11,853 shares, a decline of 58.3% from the December 15th total of 28,452 shares. Based on an average daily trading volume, of 38,686 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 38,686 shares, the short-interest ratio is currently 0.3 days.

3EDGE Dynamic Fixed Income ETF Stock Performance

NYSEARCA:EDGF traded up $0.02 on Wednesday, reaching $24.69. The stock had a trading volume of 143,751 shares, compared to its average volume of 56,795. The company has a 50-day moving average of $24.89 and a 200 day moving average of $24.88. 3EDGE Dynamic Fixed Income ETF has a 12-month low of $23.81 and a 12-month high of $27.28.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.3246 dividend. This is an increase from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20. This represents a $1.30 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On 3EDGE Dynamic Fixed Income ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. bought a new stake in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Company Profile

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.