3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Short Interest Update

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,454 shares, a drop of 63.6% from the December 15th total of 3,996 shares. Based on an average trading volume of 8,084 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 8,084 shares, the short-interest ratio is currently 0.2 days.

3EDGE Dynamic US Equity ETF Stock Down 0.3%

Shares of NYSEARCA:EDGU traded down $0.10 during trading on Wednesday, reaching $28.90. 437,092 shares of the company traded hands, compared to its average volume of 55,255. The company’s 50 day moving average is $28.46 and its two-hundred day moving average is $27.62. The firm has a market capitalization of $40.17 million, a PE ratio of 24.13 and a beta of 1.10. 3EDGE Dynamic US Equity ETF has a 52 week low of $21.57 and a 52 week high of $29.09.

3EDGE Dynamic US Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.1028 dividend. This represents a $0.41 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, December 30th. This is a boost from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.02.

About 3EDGE Dynamic US Equity ETF

The 3EDGE Dynamic US Equity ETF (EDGU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in US equity securities with a focus on sector and market capitalization selections. The fund adjusts its portfolio in response to U.S EDGU was launched on Oct 3, 2024 and is issued by 3Edge.