3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Get Free Report) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 15,835 shares, a drop of 57.3% from the April 15th total of 37,082 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 94,661 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On 3EDGE Dynamic Fixed Income ETF
A number of hedge funds have recently bought and sold shares of EDGF. Strategic Blueprint LLC grew its stake in 3EDGE Dynamic Fixed Income ETF by 22.6% in the fourth quarter. Strategic Blueprint LLC now owns 270,182 shares of the company’s stock worth $6,660,000 after purchasing an additional 49,736 shares in the last quarter. Bank of New York Mellon Corp grew its stake in 3EDGE Dynamic Fixed Income ETF by 154.6% in the first quarter. Bank of New York Mellon Corp now owns 22,348 shares of the company’s stock worth $553,000 after purchasing an additional 13,570 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in 3EDGE Dynamic Fixed Income ETF in the third quarter worth about $51,000.
3EDGE Dynamic Fixed Income ETF Stock Down 0.1%
NYSEARCA:EDGF traded down $0.03 during mid-day trading on Friday, reaching $24.77. The stock had a trading volume of 59,440 shares, compared to its average volume of 204,068. 3EDGE Dynamic Fixed Income ETF has a 1-year low of $23.81 and a 1-year high of $27.28. The stock’s 50 day simple moving average is $24.78 and its two-hundred day simple moving average is $24.81.
3EDGE Dynamic Fixed Income ETF Company Profile
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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