3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Update

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 10,147 shares, a growth of 100.5% from the August 15th total of 5,062 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 18,860 shares, the short-interest ratio is presently 0.5 days.

3EDGE Dynamic International Equity ETF Trading Down 0.5%

NYSEARCA EDGI traded down $0.16 on Tuesday, hitting $31.49. The company’s stock had a trading volume of 17,271 shares, compared to its average volume of 65,829. The firm has a market cap of $157.42 million, a P/E ratio of 15.94 and a beta of 0.52. 3EDGE Dynamic International Equity ETF has a 52-week low of $27.07 and a 52-week high of $32.44. The company’s 50-day simple moving average is $31.40 and its 200 day simple moving average is $30.56.

3EDGE Dynamic International Equity ETF Announces Dividend

The firm also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.0764 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a yield of 50.0%.

Institutional Trading of 3EDGE Dynamic International Equity ETF

Several large investors have recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. lifted its position in shares of 3EDGE Dynamic International Equity ETF by 9.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 9,910 shares of the company’s stock worth $281,000 after purchasing an additional 866 shares during the period. 3EDGE Asset Management LP increased its position in shares of 3EDGE Dynamic International Equity ETF by 1.3% during the fourth quarter. 3EDGE Asset Management LP now owns 187,426 shares of the company’s stock valued at $5,319,000 after buying an additional 2,480 shares during the period. Basepoint Wealth LLC purchased a new position in shares of 3EDGE Dynamic International Equity ETF during the fourth quarter valued at about $124,000. Integrity Alliance LLC. bought a new position in 3EDGE Dynamic International Equity ETF in the fourth quarter worth about $287,000. Finally, Pacific Financial Group Inc. bought a new position in 3EDGE Dynamic International Equity ETF in the fourth quarter worth about $290,000.

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.