3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Short Interest Update

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 13,999 shares, a decline of 68.3% from the May 31st total of 44,122 shares. Based on an average daily volume of 70,717 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On 3EDGE Dynamic Fixed Income ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new position in 3EDGE Dynamic Fixed Income ETF in the 3rd quarter worth about $51,000. Bank of New York Mellon Corp grew its holdings in 3EDGE Dynamic Fixed Income ETF by 154.6% in the first quarter. Bank of New York Mellon Corp now owns 22,348 shares of the company’s stock valued at $553,000 after purchasing an additional 13,570 shares during the period. Finally, Strategic Blueprint LLC grew its holdings in 3EDGE Dynamic Fixed Income ETF by 22.6% in the fourth quarter. Strategic Blueprint LLC now owns 270,182 shares of the company’s stock valued at $6,660,000 after purchasing an additional 49,736 shares during the period.

3EDGE Dynamic Fixed Income ETF Stock Up 0.0%

EDGF stock traded up $0.01 during midday trading on Friday, hitting $24.88. 43,639 shares of the stock traded hands, compared to its average volume of 175,680. The stock’s fifty day simple moving average is $24.81 and its 200-day simple moving average is $24.79. 3EDGE Dynamic Fixed Income ETF has a 1-year low of $23.81 and a 1-year high of $27.28.

About 3EDGE Dynamic Fixed Income ETF

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.