3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Up 3,220.5% in January

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 10,526 shares, an increase of 3,220.5% from the January 15th total of 317 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,860 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 35,860 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

3EDGE Dynamic International Equity ETF Price Performance

Shares of EDGI opened at $31.24 on Thursday. The company has a market capitalization of $188.06 million, a P/E 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 $31.24. The business’s 50 day simple moving average is $29.20 and its 200-day simple moving average is $28.04.

3EDGE Dynamic International Equity ETF Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EDGI. Sanctuary Advisors LLC increased its position in 3EDGE Dynamic International Equity ETF by 4.9% in the 4th quarter. Sanctuary Advisors LLC now owns 12,539 shares of the company’s stock valued at $356,000 after acquiring an additional 588 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in shares of 3EDGE Dynamic International Equity ETF by 9.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 9,910 shares of the company’s stock valued at $281,000 after purchasing an additional 866 shares during the last quarter. Diversify Advisory Services LLC grew its stake in shares of 3EDGE Dynamic International Equity ETF by 16.8% during the fourth quarter. Diversify Advisory Services LLC now owns 9,086 shares of the company’s stock valued at $268,000 after purchasing an additional 1,307 shares during the last quarter. Diversify Wealth Management LLC increased its holdings in shares of 3EDGE Dynamic International Equity ETF by 3.1% in the fourth quarter. Diversify Wealth Management LLC now owns 58,745 shares of the company’s stock valued at $1,723,000 after purchasing an additional 1,769 shares in the last quarter. Finally, Bank of America Corp DE bought a new position in 3EDGE Dynamic International Equity ETF in the 3rd quarter worth approximately $50,000.

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.