Short Interest in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Drops By 98.5%

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,007 shares, a drop of 98.5% from the February 26th total of 68,366 shares. Based on an average trading volume of 515,784 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 515,784 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On 3EDGE Dynamic Fixed Income ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new stake in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Stock Performance

Shares of EDGF stock traded down $0.02 during mid-day trading on Tuesday, hitting $24.74. The company’s stock had a trading volume of 66,622 shares, compared to its average volume of 204,259. The company’s fifty day simple moving average is $24.75 and its 200-day simple moving average is $24.86. 3EDGE Dynamic Fixed Income ETF has a 52 week low of $23.81 and a 52 week high of $27.28.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.3246 dividend. This represents a $1.30 annualized dividend and a yield of 5.2%. This is a boost from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, December 30th.

3EDGE Dynamic Fixed Income ETF Company Profile

The 3EDGE Dynamic Fixed Income ETF (EDGF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that broadly invests in fixed income securities of various maturities and credit quality. The fund dynamically shifts across various debt securities depending on market conditions. EDGF was launched on Oct 3, 2024 and is issued by 3Edge.