3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Sees Large Decrease in Short Interest

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 924 shares, a decline of 94.8% from the February 12th total of 17,898 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 31,511 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 31,511 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of 3EDGE Dynamic International Equity ETF

Several hedge funds have recently bought and sold shares of the stock. Atria Investments Inc acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the second quarter valued at approximately $319,000. Strategic Blueprint LLC raised its holdings in shares of 3EDGE Dynamic International Equity ETF by 33.8% during the third quarter. Strategic Blueprint LLC now owns 77,362 shares of the company’s stock worth $2,145,000 after acquiring an additional 19,528 shares during the period. Orion Porfolio Solutions LLC raised its holdings in shares of 3EDGE Dynamic International Equity ETF by 269.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,610,459 shares of the company’s stock worth $41,957,000 after acquiring an additional 1,174,364 shares during the period. Envestnet Asset Management Inc. lifted its position in 3EDGE Dynamic International Equity ETF by 235.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 68,723 shares of the company’s stock valued at $1,790,000 after acquiring an additional 48,217 shares in the last quarter. Finally, 3EDGE Asset Management LP boosted its stake in 3EDGE Dynamic International Equity ETF by 19.7% in the 3rd quarter. 3EDGE Asset Management LP now owns 184,946 shares of the company’s stock worth $5,127,000 after purchasing an additional 30,491 shares during the period.

3EDGE Dynamic International Equity ETF Price Performance

Shares of 3EDGE Dynamic International Equity ETF stock traded up $0.23 during trading hours on Tuesday, hitting $29.42. The company’s stock had a trading volume of 14,373 shares, compared to its average volume of 108,239. 3EDGE Dynamic International Equity ETF has a 12 month low of $21.17 and a 12 month high of $31.62. The stock has a 50 day moving average of $30.00 and a 200 day moving average of $28.61. The company has a market capitalization of $177.11 million, a PE ratio of 15.94 and a beta of 1.10.

3EDGE Dynamic International Equity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, December 31st. Investors 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%.

3EDGE Dynamic International Equity ETF Company Profile

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.