3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Stock Short Interest Report for September

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,647 shares, an increase of 722.6% from the September 15th total of 808 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 21,438 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EDGI. Potomac Fund Management Inc. ADV boosted its holdings in 3EDGE Dynamic International Equity ETF by 15.4% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 194,314 shares of the company’s stock worth $5,515,000 after acquiring an additional 25,995 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of 3EDGE Dynamic International Equity ETF by 220.2% during the second quarter. Envestnet Asset Management Inc. now owns 103,174 shares of the company’s stock valued at $3,192,000 after acquiring an additional 70,950 shares in the last quarter. Diversify Wealth Management LLC raised its position in shares of 3EDGE Dynamic International Equity ETF by 22.5% in the 1st quarter. Diversify Wealth Management LLC now owns 71,974 shares of the company’s stock worth $2,125,000 after purchasing an additional 13,229 shares during the last quarter. Silver Grove Financial Group Inc. raised its position in shares of 3EDGE Dynamic International Equity ETF by 37.1% in the 4th quarter. Silver Grove Financial Group Inc. now owns 54,883 shares of the company’s stock worth $1,558,000 after purchasing an additional 14,865 shares during the last quarter. Finally, AMG Asset Management Group Inc. purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the 4th quarter worth about $803,000.

3EDGE Dynamic International Equity ETF Stock Performance

Shares of NYSEARCA EDGI opened at $31.30 on Friday. The company has a 50 day simple moving average of $31.77 and a two-hundred day simple moving average of $30.83. 3EDGE Dynamic International Equity ETF has a fifty-two week low of $27.07 and a fifty-two week high of $32.44. The company has a market capitalization of $118.94 million, a price-to-earnings ratio of 15.94 and a beta of 0.53.

About 3EDGE Dynamic International Equity ETF

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.