3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Update

by · The Cerbat Gem

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI – Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,902 shares, a decrease of 78.6% from the November 30th total of 13,539 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 28,347 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 28,347 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of 3EDGE Dynamic International Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE purchased a new position in 3EDGE Dynamic International Equity ETF during the third quarter valued at $50,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of 3EDGE Dynamic International Equity ETF in the second quarter worth $113,000. Sowell Financial Services LLC increased its holdings in shares of 3EDGE Dynamic International Equity ETF by 44.1% during the third quarter. Sowell Financial Services LLC now owns 17,624 shares of the company’s stock valued at $489,000 after acquiring an additional 5,396 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth about $218,000. Finally, Ausdal Financial Partners Inc. bought a new position in 3EDGE Dynamic International Equity ETF in the 3rd quarter worth about $217,000.

3EDGE Dynamic International Equity ETF Price Performance

NYSEARCA EDGI traded up $0.01 during trading hours on Thursday, reaching $28.75. 18,488 shares of the company’s stock traded hands, compared to its average volume of 38,840. 3EDGE Dynamic International Equity ETF has a 52-week low of $21.17 and a 52-week high of $28.78. The firm has a 50-day simple moving average of $28.09 and a 200 day simple moving average of $27.15. The firm has a market cap of $131.68 million, a PE ratio of 15.94 and a beta of 1.10.

About 3EDGE Dynamic International Equity ETF

(Get Free Report)

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.

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