Short Interest in 3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Increases By 3,220.5%

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 10,526 shares, a growth of 3,220.5% from the January 15th total of 317 shares. Based on an average daily trading volume, of 35,860 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 35,860 shares, the short-interest ratio is currently 0.3 days.

3EDGE Dynamic International Equity ETF Stock Up 0.5%

Shares of NYSEARCA EDGI traded up $0.14 during midday trading on Tuesday, hitting $30.99. The stock had a trading volume of 53,188 shares, compared to its average volume of 34,822. The stock has a 50 day simple moving average of $29.08 and a 200-day simple moving average of $27.99. 3EDGE Dynamic International Equity ETF has a 1 year low of $21.17 and a 1 year high of $31.04. The company has a market capitalization of $186.56 million, a PE ratio of 15.94 and a beta of 1.10.

3EDGE Dynamic International Equity ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.35 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 246.0%.

Institutional Investors Weigh In On 3EDGE Dynamic International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EDGI. Bank of America Corp DE purchased a new position in shares of 3EDGE Dynamic International Equity ETF during the third quarter worth about $50,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in 3EDGE Dynamic International Equity ETF in the second quarter valued at $113,000. Basepoint Wealth LLC purchased a new position in 3EDGE Dynamic International Equity ETF in the fourth quarter valued at about $124,000. Ausdal Financial Partners Inc. purchased a new stake in 3EDGE Dynamic International Equity ETF during the third quarter worth $217,000. Finally, Diversify Advisory Services LLC purchased a new stake in shares of 3EDGE Dynamic International Equity ETF in the third quarter valued at about $218,000.

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.