Short Interest in 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Drops By 63.6%

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGUGet Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,454 shares, a decline of 63.6% from the December 15th total of 3,996 shares. Based on an average daily volume of 8,084 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 8,084 shares, the short-interest ratio is currently 0.2 days.

3EDGE Dynamic US Equity ETF Stock Up 0.4%

Shares of NYSEARCA EDGU traded up $0.11 during mid-day trading on Thursday, reaching $29.01. 10,841 shares of the company were exchanged, compared to its average volume of 50,804. 3EDGE Dynamic US Equity ETF has a twelve month low of $21.57 and a twelve month high of $29.14. The stock has a market capitalization of $40.32 million, a P/E ratio of 24.13 and a beta of 1.10. The company’s 50-day simple moving average is $28.48 and its 200-day simple moving average is $27.63.

3EDGE Dynamic US Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.1028 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This is a positive change from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.02. This represents a $0.41 annualized dividend and a dividend yield of 1.4%.

3EDGE Dynamic US Equity ETF Company Profile

(Get Free Report)

The 3EDGE Dynamic US Equity ETF (EDGU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in US equity securities with a focus on sector and market capitalization selections. The fund adjusts its portfolio in response to U.S EDGU was launched on Oct 3, 2024 and is issued by 3Edge.

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