3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Down 94.8% in February

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 924 shares, a decrease of 94.8% from the February 12th total of 17,898 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 31,511 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 31,511 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

3EDGE Dynamic International Equity ETF Price Performance

NYSEARCA EDGI traded down $0.23 during trading hours on Wednesday, reaching $29.19. 2,604 shares of the company’s stock traded hands, compared to its average volume of 105,989. 3EDGE Dynamic International Equity ETF has a 52-week low of $21.17 and a 52-week high of $31.62. The firm has a market cap of $175.72 million, a PE ratio of 15.94 and a beta of 1.10. The firm has a 50-day simple moving average of $30.00 and a 200 day simple moving average of $28.61.

3EDGE Dynamic International Equity ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 246.0%.

Institutional Trading of 3EDGE Dynamic International Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Orion Porfolio Solutions LLC increased its position in 3EDGE Dynamic International Equity ETF by 269.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,610,459 shares of the company’s stock valued at $41,957,000 after buying an additional 1,174,364 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in 3EDGE Dynamic International Equity ETF by 233,379.1% in the second quarter. Osaic Holdings Inc. now owns 861,538 shares of the company’s stock worth $22,445,000 after acquiring an additional 861,169 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of 3EDGE Dynamic International Equity ETF in the third quarter worth $2,757,000. Envestnet Asset Management Inc. grew its stake in shares of 3EDGE Dynamic International Equity ETF by 235.1% in the second quarter. Envestnet Asset Management Inc. now owns 68,723 shares of the company’s stock worth $1,790,000 after acquiring an additional 48,217 shares during the last quarter. Finally, Diversify Wealth Management LLC increased its holdings in shares of 3EDGE Dynamic International Equity ETF by 297.9% during the second quarter. Diversify Wealth Management LLC now owns 45,956 shares of the company’s stock valued at $1,226,000 after acquiring an additional 34,406 shares in the last quarter.

3EDGE Dynamic International Equity ETF Company Profile

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.