3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Stock Short Interest Drops 82.1%

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,940 shares, a decrease of 82.1% from the August 31st total of 10,808 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 230,711 shares, the short-interest ratio is presently 0.0 days.

3EDGE Dynamic US Equity ETF Price Performance

EDGU traded up $0.02 during trading hours on Friday, hitting $31.86. 11,129 shares of the stock were exchanged, compared to its average volume of 46,869. The stock has a market cap of $101.95 million, a price-to-earnings ratio of 24.13 and a beta of 0.92. The stock has a 50-day simple moving average of $31.79 and a 200-day simple moving average of $30.77. 3EDGE Dynamic US Equity ETF has a 12 month low of $27.11 and a 12 month high of $32.63.

Institutional Inflows and Outflows

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

3EDGE Dynamic US Equity ETF Company Profile

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.