3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Up 266.5% in December

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 10,637 shares, an increase of 266.5% from the December 15th total of 2,902 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,177 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 21,177 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

3EDGE Dynamic International Equity ETF Trading Up 0.3%

Shares of NYSEARCA EDGI opened at $29.43 on Thursday. The stock has a market cap of $172.75 million, a PE ratio of 15.94 and a beta of 1.10. 3EDGE Dynamic International Equity ETF has a 12-month low of $21.17 and a 12-month high of $29.55. The company has a 50-day moving average of $28.35 and a 200 day moving average of $27.49.

3EDGE Dynamic International Equity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.35 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 246.0%.

Hedge Funds Weigh In On 3EDGE Dynamic International Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new position in 3EDGE Dynamic International Equity ETF in the third quarter valued at about $50,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of 3EDGE Dynamic International Equity ETF during the second quarter valued at about $113,000. Ausdal Financial Partners Inc. purchased a new stake in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter valued at approximately $217,000. Diversify Advisory Services LLC acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth approximately $218,000. Finally, Coldstream Capital Management Inc. acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth approximately $251,000.

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.