Short Interest in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Decreases By 64.7%

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGFGet Free Report) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 22,143 shares, a decrease of 64.7% from the January 15th total of 62,668 shares. Based on an average daily trading volume, of 49,860 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 49,860 shares, the short-interest ratio is presently 0.4 days.

3EDGE Dynamic Fixed Income ETF Price Performance

NYSEARCA EDGF opened at $24.76 on Wednesday. 3EDGE Dynamic Fixed Income ETF has a 52-week low of $23.81 and a 52-week high of $27.28. The business’s 50-day moving average price is $24.78 and its 200 day moving average price is $24.88.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.3246 dividend. This is an increase from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20. The ex-dividend date was Tuesday, December 30th. This represents a $1.30 annualized dividend and a dividend yield of 5.2%.

Institutional Investors Weigh In On 3EDGE Dynamic Fixed Income ETF

An institutional investor recently raised its position in 3EDGE Dynamic Fixed Income ETF stock. Strategic Blueprint LLC increased its stake in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGFFree Report) by 22.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 270,182 shares of the company’s stock after purchasing an additional 49,736 shares during the quarter. Strategic Blueprint LLC owned 2.21% of 3EDGE Dynamic Fixed Income ETF worth $6,660,000 as of its most recent SEC filing.

3EDGE Dynamic Fixed Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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