3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Stock Short Interest Report for October

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 5,386 shares, a decrease of 57.9% from the September 30th total of 12,792 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 14,492 shares, the days-to-cover ratio is currently 0.4 days.

3EDGE Dynamic US Equity ETF Trading Down 1.6%

NYSEARCA EDGU traded down $0.51 during mid-day trading on Friday, hitting $31.40. The company’s stock had a trading volume of 16,621 shares, compared to its average volume of 42,991. The firm has a market capitalization of $100.48 million, a price-to-earnings ratio of 24.13 and a beta of 0.93. The company’s 50 day simple moving average is $31.80 and its 200 day simple moving average is $30.57. 3EDGE Dynamic US Equity ETF has a twelve month low of $27.11 and a twelve month high of $32.63.

3EDGE Dynamic US Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a dividend of $0.0213 per share. The ex-dividend date was Tuesday, September 29th. This is a decrease from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.0387. This represents a $0.09 annualized dividend and a yield of 0.3%.

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.