Short Interest in 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Rises By 89.2%

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 23,674 shares, a growth of 89.2% from the June 15th total of 12,510 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 27,905 shares, the short-interest ratio is presently 0.8 days.

3EDGE Dynamic US Equity ETF Trading Down 0.9%

NYSEARCA EDGU opened at $31.21 on Friday. The firm’s fifty day simple moving average is $31.46 and its two-hundred day simple moving average is $29.79. The firm has a market capitalization of $148.25 million, a P/E ratio of 24.13 and a beta of 0.91. 3EDGE Dynamic US Equity ETF has a 12-month low of $25.90 and a 12-month high of $32.19.

Institutional Trading of 3EDGE Dynamic US Equity ETF

A hedge fund recently bought a new stake in 3EDGE Dynamic US Equity ETF stock. Basepoint Wealth LLC bought a new position in 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,836 shares of the company’s stock, valued at approximately $81,000. Basepoint Wealth LLC owned approximately 0.15% of 3EDGE Dynamic US Equity ETF at the end of the most recent reporting period.

3EDGE Dynamic US Equity ETF Company Profile

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.