3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Update

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 5,250 shares, a drop of 54.6% from the April 30th total of 11,571 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 95,557 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On 3EDGE Dynamic International Equity ETF

A number of institutional investors have recently added to or reduced their stakes in EDGI. Diversify Wealth Management LLC boosted its position in 3EDGE Dynamic International Equity ETF by 297.9% in the second quarter. Diversify Wealth Management LLC now owns 45,956 shares of the company’s stock valued at $1,226,000 after buying an additional 34,406 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of 3EDGE Dynamic International Equity ETF by 52.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 104,757 shares of the company’s stock valued at $2,904,000 after acquiring an additional 36,034 shares during the last quarter. Savvy Advisors Inc. bought a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter valued at $370,000. Orion Porfolio Solutions LLC boosted its holdings in shares of 3EDGE Dynamic International Equity ETF by 66.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 2,685,935 shares of the company’s stock valued at $74,458,000 after acquiring an additional 1,075,476 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter valued at $218,000.

3EDGE Dynamic International Equity ETF Trading Down 0.0%

3EDGE Dynamic International Equity ETF stock traded down $0.01 during midday trading on Monday, reaching $31.24. The company’s stock had a trading volume of 11,132 shares, compared to its average volume of 85,707. The stock has a market cap of $53.11 million, a PE ratio of 15.94 and a beta of 0.49. 3EDGE Dynamic International Equity ETF has a 52 week low of $25.29 and a 52 week high of $31.62. The business has a 50-day moving average price of $29.84 and a 200-day moving average price of $29.43.

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.