3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Short Interest Down 57.3% in April

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 15,835 shares, a drop of 57.3% from the April 15th total of 37,082 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 94,661 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On 3EDGE Dynamic Fixed Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EDGF. JPMorgan Chase & Co. bought a new stake in shares of 3EDGE Dynamic Fixed Income ETF in the 3rd quarter valued at approximately $51,000. Bank of New York Mellon Corp lifted its stake in shares of 3EDGE Dynamic Fixed Income ETF by 154.6% in the 1st quarter. Bank of New York Mellon Corp now owns 22,348 shares of the company’s stock valued at $553,000 after purchasing an additional 13,570 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its stake in shares of 3EDGE Dynamic Fixed Income ETF by 22.6% in the 4th quarter. Strategic Blueprint LLC now owns 270,182 shares of the company’s stock valued at $6,660,000 after purchasing an additional 49,736 shares during the last quarter.

3EDGE Dynamic Fixed Income ETF Trading Down 0.1%

Shares of 3EDGE Dynamic Fixed Income ETF stock traded down $0.03 during trading on Friday, reaching $24.77. 59,440 shares of the stock traded hands, compared to its average volume of 204,068. The business has a fifty day simple moving average of $24.78 and a two-hundred day simple moving average of $24.81. 3EDGE Dynamic Fixed Income ETF has a 52-week low of $23.81 and a 52-week high of $27.28.

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.