Short Interest in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Drops By 39.1%

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4,359 shares, a decrease of 39.1% from the June 30th total of 7,155 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 122,752 shares, the short-interest ratio is presently 0.0 days.

3EDGE Dynamic Hard Assets ETF Stock Performance

Shares of NYSEARCA EDGH traded down $0.25 during midday trading on Friday, reaching $33.01. 14,198 shares of the company were exchanged, compared to its average volume of 47,641. The stock’s 50-day moving average price is $32.96 and its 200-day moving average price is $33.61. 3EDGE Dynamic Hard Assets ETF has a one year low of $26.25 and a one year high of $35.94.

Hedge Funds Weigh In On 3EDGE Dynamic Hard Assets ETF

A hedge fund recently bought a new stake in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC purchased a new position in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 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.