3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Update

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 317 shares, a decline of 97.0% from the December 31st total of 10,637 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 23,288 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 23,288 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of 3EDGE Dynamic International Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Orion Porfolio Solutions LLC increased its holdings in shares of 3EDGE Dynamic International Equity ETF by 269.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,610,459 shares of the company’s stock worth $41,957,000 after buying an additional 1,174,364 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in 3EDGE Dynamic International Equity ETF by 233,379.1% during the second quarter. Osaic Holdings Inc. now owns 861,538 shares of the company’s stock worth $22,445,000 after acquiring an additional 861,169 shares during the period. Private Advisor Group LLC purchased a new position in 3EDGE Dynamic International Equity ETF in the third quarter valued at approximately $2,757,000. 3EDGE Asset Management LP boosted its holdings in 3EDGE Dynamic International Equity ETF by 122.5% in the 2nd quarter. 3EDGE Asset Management LP now owns 154,455 shares of the company’s stock worth $4,024,000 after buying an additional 85,025 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in 3EDGE Dynamic International Equity ETF by 235.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 68,723 shares of the company’s stock worth $1,790,000 after acquiring an additional 48,217 shares during the period.

3EDGE Dynamic International Equity ETF Stock Down 0.8%

Shares of EDGI stock traded down $0.25 during mid-day trading on Wednesday, reaching $30.07. The stock had a trading volume of 25,210 shares, compared to its average volume of 28,489. The firm has a market cap of $178.62 million, a PE ratio of 15.94 and a beta of 1.10. 3EDGE Dynamic International Equity ETF has a one year low of $21.17 and a one year high of $30.34. The firm’s 50 day simple moving average is $28.64 and its 200 day simple moving average is $27.73.

3EDGE Dynamic International Equity ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 246.0%.

About 3EDGE Dynamic International Equity ETF

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.