Short Interest in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Decreases By 33.8%

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 7,300 shares, a decrease of 33.8% from the May 14th total of 11,035 shares. Based on an average trading volume of 29,423 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

3EDGE Dynamic Hard Assets ETF Stock Performance

3EDGE Dynamic Hard Assets ETF stock opened at $32.67 on Thursday. 3EDGE Dynamic Hard Assets ETF has a 12-month low of $26.12 and a 12-month high of $35.94. The firm has a 50-day moving average price of $34.41 and a 200-day moving average price of $33.21.

Institutional Inflows and Outflows

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

About 3EDGE Dynamic Hard Assets ETF

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.