3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Sees Large Decrease in Short Interest

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,466 shares, a decline of 80.6% from the August 15th total of 17,857 shares. Based on an average daily volume of 197,317 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of 3EDGE Dynamic Fixed Income ETF

A hedge fund recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Price Performance

Shares of EDGF stock remained flat at $24.59 on Friday. 3,171,673 shares of the stock traded hands, compared to its average volume of 169,749. 3EDGE Dynamic Fixed Income ETF has a 12-month low of $24.38 and a 12-month high of $25.14. The business has a 50 day moving average price of $24.64 and a 200 day moving average price of $24.74.

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.