Short Interest in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Increases By 179.1%

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 20,375 shares, an increase of 179.1% from the May 31st total of 7,300 shares. Based on an average trading volume of 20,435 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.6% of the company’s stock are short sold.

3EDGE Dynamic Hard Assets ETF Price Performance

Shares of NYSEARCA EDGH traded up $0.17 during mid-day trading on Tuesday, reaching $31.82. The company had a trading volume of 6,537 shares, compared to its average volume of 44,610. The stock has a fifty day moving average of $34.02 and a two-hundred day moving average of $33.31. 3EDGE Dynamic Hard Assets ETF has a 12-month low of $26.14 and a 12-month high of $35.94.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

A hedge fund recently bought a new position in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC bought a new stake in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned 0.08% of 3EDGE Dynamic Hard Assets ETF as of its most recent SEC filing.

About 3EDGE Dynamic Hard Assets ETF

The 3EDGE Dynamic Hard Assets ETF (EDGH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that invests in various hard assets. The fund seeks capital appreciation and limits losses depending on market conditions. EDGH was launched on Oct 3, 2024 and is issued by 3Edge.