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

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 7,300 shares, a decrease of 33.8% from the May 14th total of 11,035 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 29,423 shares, the days-to-cover ratio is currently 0.2 days.

3EDGE Dynamic Hard Assets ETF Stock Up 0.6%

Shares of EDGH stock opened at $33.00 on Tuesday. The stock has a 50-day moving average of $34.47 and a 200-day moving average of $33.17. 3EDGE Dynamic Hard Assets ETF has a one year low of $26.12 and a one year high of $35.94.

Institutional Trading of 3EDGE Dynamic Hard Assets ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC purchased a new stake in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned about 0.08% of 3EDGE Dynamic Hard Assets ETF at the end of the most recent reporting period.

3EDGE Dynamic Hard Assets ETF Company Profile

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.