3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Significant Drop in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 7,155 shares, a drop of 64.9% from the June 15th total of 20,375 shares. Based on an average daily volume of 33,737 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

An institutional investor recently bought a new stake in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC bought a new position in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

3EDGE Dynamic Hard Assets ETF Stock Down 0.1%

Shares of EDGH traded down $0.03 during trading hours on Wednesday, reaching $32.85. 24,838 shares of the company traded hands, compared to its average volume of 50,647. The stock’s fifty day moving average price is $33.53 and its 200 day moving average price is $33.45. 3EDGE Dynamic Hard Assets ETF has a 12-month low of $26.25 and a 12-month high of $35.94.

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.