3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Short Interest Update

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 15,569 shares, a decrease of 34.2% from the June 30th total of 23,674 shares. Based on an average daily trading volume, of 36,605 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

3EDGE Dynamic US Equity ETF Trading Up 0.4%

3EDGE Dynamic US Equity ETF stock opened at $31.14 on Friday. The firm has a market capitalization of $149.47 million, a PE ratio of 24.13 and a beta of 0.91. 3EDGE Dynamic US Equity ETF has a 1-year low of $25.90 and a 1-year high of $32.19. The firm’s 50 day simple moving average is $31.49 and its 200 day simple moving average is $29.95.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in 3EDGE Dynamic US Equity ETF stock. Basepoint Wealth LLC acquired a new stake in shares of 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,836 shares of the company’s stock, valued at approximately $81,000. Basepoint Wealth LLC owned about 0.15% of 3EDGE Dynamic US Equity ETF at the end of the most recent quarter.

About 3EDGE Dynamic US Equity ETF

The 3EDGE Dynamic US Equity ETF (EDGU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in US equity securities with a focus on sector and market capitalization selections. The fund adjusts its portfolio in response to U.S EDGU was launched on Oct 3, 2024 and is issued by 3Edge.