3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Significant Growth in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 16,489 shares, a growth of 224.3% from the July 30th total of 5,085 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 25,153 shares, the short-interest ratio is currently 0.7 days.

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 position in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned approximately 0.08% of 3EDGE Dynamic Hard Assets ETF at the end of the most recent quarter.

3EDGE Dynamic Hard Assets ETF Stock Performance

Shares of EDGH stock traded up $0.16 during trading hours on Thursday, hitting $35.51. The company had a trading volume of 9,909 shares, compared to its average volume of 51,192. The company’s fifty day moving average is $33.30 and its 200 day moving average is $33.84. 3EDGE Dynamic Hard Assets ETF has a fifty-two week low of $26.86 and a fifty-two week high of $36.03.

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.