3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Short Interest Update

by · The Cerbat Gem

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 28,452 shares, a drop of 30.7% from the November 30th total of 41,040 shares. Based on an average trading volume of 69,999 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 69,999 shares, the days-to-cover ratio is presently 0.4 days.

3EDGE Dynamic Fixed Income ETF Trading Down 1.2%

Shares of NYSEARCA EDGF traded down $0.31 during trading hours on Tuesday, hitting $24.67. 29,164 shares of the stock were exchanged, compared to its average volume of 77,710. 3EDGE Dynamic Fixed Income ETF has a 12 month low of $23.81 and a 12 month high of $27.28. The firm has a fifty day moving average price of $24.94 and a 200-day moving average price of $24.90.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th will be issued a dividend of $0.3246 per share. The ex-dividend date is Tuesday, December 30th. This represents a $1.30 annualized dividend and a dividend yield of 5.3%. This is a boost from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new stake in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 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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