Short Interest in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Increases By 133.5%

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 51,705 shares, a growth of 133.5% from the January 29th total of 22,143 shares. Based on an average trading volume of 192,663 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 192,663 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On 3EDGE Dynamic Fixed Income ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. bought a new stake in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Price Performance

Shares of NYSEARCA:EDGF traded up $0.03 during trading on Friday, reaching $24.89. 112,709 shares of the stock were exchanged, compared to its average volume of 94,541. The stock has a fifty day moving average of $24.74 and a two-hundred day moving average of $24.88. 3EDGE Dynamic Fixed Income ETF has a 1-year low of $23.81 and a 1-year high of $27.28.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.3246 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This is a boost from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20. This represents a $1.30 annualized dividend and a dividend yield of 5.2%.

3EDGE Dynamic Fixed Income ETF Company Profile

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.