3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Stock Short Interest Climbs 101.3%

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 68,341 shares, an increase of 101.3% from the September 30th total of 33,944 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 78,077 shares, the short-interest ratio is presently 0.9 days.

3EDGE Dynamic Fixed Income ETF Price Performance

NYSEARCA EDGF traded up $0.05 on Friday, reaching $24.52. The stock had a trading volume of 93,734 shares, compared to its average volume of 154,857. 3EDGE Dynamic Fixed Income ETF has a 12-month low of $24.26 and a 12-month high of $25.05. The business’s 50-day moving average price is $24.50 and its 200 day moving average price is $24.68.

3EDGE Dynamic Fixed Income ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were issued a $0.1968 dividend. This represents a $0.79 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, September 29th.

Institutional Trading of 3EDGE Dynamic Fixed Income ETF

An institutional investor recently raised its position in 3EDGE Dynamic Fixed Income ETF stock. Bank of New York Mellon Corp raised its holdings in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) by 154.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,348 shares of the company’s stock after purchasing an additional 13,570 shares during the quarter. Bank of New York Mellon Corp owned about 0.11% of 3EDGE Dynamic Fixed Income ETF worth $553,000 as of its most recent filing with the SEC.

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.