Short Interest in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Decreases By 58.3%

by · The Cerbat Gem

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 11,853 shares, a decrease of 58.3% from the December 15th total of 28,452 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 38,686 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 38,686 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

3EDGE Dynamic Fixed Income ETF Stock Performance

NYSEARCA EDGF traded up $0.02 during trading hours on Wednesday, reaching $24.69. The company’s stock had a trading volume of 143,751 shares, compared to its average volume of 56,795. The business has a 50-day simple moving average of $24.89 and a 200 day simple moving average of $24.88. 3EDGE Dynamic Fixed Income ETF has a 52 week low of $23.81 and a 52 week high of $27.28.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.3246 dividend. This is a positive change from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.30 annualized dividend and a dividend yield of 5.3%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. bought a new position in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Company Profile

(Get Free Report)

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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