3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Sees Large Decline in Short Interest

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 11,853 shares, a decline of 58.3% from the December 15th total of 28,452 shares. Based on an average daily volume of 38,686 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 38,686 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Stock Down 0.1%

EDGF traded down $0.02 during mid-day trading on Thursday, reaching $24.67. The stock had a trading volume of 67,013 shares, compared to its average volume of 57,811. The firm’s fifty day simple moving average is $24.88 and its two-hundred day simple moving average is $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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.3246 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.30 annualized dividend and a yield of 5.3%. This is an increase from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20.

About 3EDGE Dynamic Fixed Income ETF

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.