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

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 17,468 shares, a growth of 883.6% from the April 15th total of 1,776 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 20,794 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

A hedge fund recently bought a new stake in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC bought a new stake in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 Price Performance

Shares of EDGH opened at $35.83 on Thursday. The firm has a fifty day simple moving average of $34.51 and a two-hundred day simple moving average of $32.38. 3EDGE Dynamic Hard Assets ETF has a twelve month low of $25.70 and a twelve month high of $35.94.

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.