3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Significant Decrease in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 5,180 shares, a decline of 55.4% from the September 30th total of 11,611 shares. Based on an average daily volume of 39,714 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

3EDGE Dynamic Hard Assets ETF Price Performance

NYSEARCA EDGH traded down $0.50 during trading hours on Friday, hitting $32.75. 25,663 shares of the company were exchanged, compared to its average volume of 47,275. The company has a 50 day moving average of $34.28 and a two-hundred day moving average of $33.84. 3EDGE Dynamic Hard Assets ETF has a 52-week low of $28.45 and a 52-week high of $36.03.

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.