3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Update
by Jessica Moore · The Cerbat Gem3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI – Get Free Report) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 10,526 shares, an increase of 3,220.5% from the January 15th total of 317 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 35,860 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 35,860 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter valued at approximately $50,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in 3EDGE Dynamic International Equity ETF in the second quarter worth $113,000. Basepoint Wealth LLC purchased a new position in 3EDGE Dynamic International Equity ETF during the fourth quarter valued at $124,000. Ausdal Financial Partners Inc. bought a new stake in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter valued at $217,000. Finally, Diversify Advisory Services LLC bought a new stake in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter valued at $218,000.
3EDGE Dynamic International Equity ETF Price Performance
Shares of NYSEARCA EDGI opened at $30.99 on Wednesday. The stock has a market capitalization of $186.56 million, a P/E ratio of 15.94 and a beta of 1.10. 3EDGE Dynamic International Equity ETF has a one year low of $21.17 and a one year high of $31.04. The firm’s 50 day simple moving average is $29.14 and its two-hundred day simple moving average is $28.02.
3EDGE Dynamic International Equity ETF Announces Dividend
The firm also recently declared a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 246.0%.
About 3EDGE Dynamic International Equity ETF
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.