3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Large Increase in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 20,375 shares, a growth of 179.1% from the May 31st total of 7,300 shares. Based on an average trading volume of 20,435 shares, the short-interest ratio is presently 1.0 days. Currently, 0.6% of the shares of the company are sold short.

3EDGE Dynamic Hard Assets ETF Trading Down 0.7%

3EDGE Dynamic Hard Assets ETF stock traded down $0.21 during trading hours on Monday, hitting $31.65. The stock had a trading volume of 60,384 shares, compared to its average volume of 44,924. The company has a 50-day moving average of $34.02 and a two-hundred day moving average of $33.31. 3EDGE Dynamic Hard Assets ETF has a fifty-two week low of $26.14 and a fifty-two week high of $35.94.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC bought a new position in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned 0.08% of 3EDGE Dynamic Hard Assets ETF at the end of the most recent reporting period.

3EDGE Dynamic Hard Assets ETF Company Profile

The 3EDGE Dynamic Hard Assets ETF (EDGH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that invests in various hard assets. The fund seeks capital appreciation and limits losses depending on market conditions. EDGH was launched on Oct 3, 2024 and is issued by 3Edge.