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

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGFGet Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 13,999 shares, a decrease of 68.3% from the May 31st total of 44,122 shares. Based on an average daily volume of 70,717 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On 3EDGE Dynamic Fixed Income ETF

A number of large investors have recently modified their holdings of the business. Strategic Blueprint LLC raised its position in shares of 3EDGE Dynamic Fixed Income ETF by 22.6% in the 4th quarter. Strategic Blueprint LLC now owns 270,182 shares of the company’s stock valued at $6,660,000 after purchasing an additional 49,736 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in 3EDGE Dynamic Fixed Income ETF during the 3rd quarter valued at approximately $51,000. Finally, Bank of New York Mellon Corp increased its stake in 3EDGE Dynamic Fixed Income ETF by 154.6% during the 1st quarter. Bank of New York Mellon Corp now owns 22,348 shares of the company’s stock valued at $553,000 after purchasing an additional 13,570 shares in the last quarter.

3EDGE Dynamic Fixed Income ETF Stock Up 0.0%

Shares of 3EDGE Dynamic Fixed Income ETF stock traded up $0.01 during trading on Friday, reaching $24.88. The company’s stock had a trading volume of 43,639 shares, compared to its average volume of 175,680. 3EDGE Dynamic Fixed Income ETF has a 1-year low of $23.81 and a 1-year high of $27.28. The company has a 50-day simple moving average of $24.81 and a two-hundred day simple moving average of $24.79.

About 3EDGE Dynamic Fixed Income ETF

(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.

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