3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Up 100.5% in August

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,147 shares, an increase of 100.5% from the August 15th total of 5,062 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 18,860 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On 3EDGE Dynamic International Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE bought a new position in 3EDGE Dynamic International Equity ETF in the 3rd quarter valued at about $50,000. Basepoint Wealth LLC acquired a new stake in shares of 3EDGE Dynamic International Equity ETF during the 4th quarter worth approximately $124,000. Diversify Advisory Services LLC acquired a new stake in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter worth approximately $218,000. Ausdal Financial Partners Inc. bought a new position in 3EDGE Dynamic International Equity ETF in the third quarter valued at approximately $217,000. Finally, Coldstream Capital Management Inc. bought a new position in 3EDGE Dynamic International Equity ETF in the third quarter valued at approximately $251,000.

3EDGE Dynamic International Equity ETF Price Performance

NYSEARCA EDGI traded down $0.44 on Monday, reaching $31.66. The stock had a trading volume of 25,542 shares, compared to its average volume of 66,080. The firm has a fifty day moving average of $31.40 and a two-hundred day moving average of $30.56. 3EDGE Dynamic International Equity ETF has a 1-year low of $27.07 and a 1-year high of $32.44. The company has a market cap of $158.29 million, a P/E ratio of 15.94 and a beta of 0.52.

3EDGE Dynamic International Equity ETF Announces Dividend

The firm also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.0764 per share. This represents a yield of 50.0%. The ex-dividend date of this dividend was Monday, June 29th.

3EDGE Dynamic International Equity ETF Company Profile

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.