3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Sees Significant Increase in Short Interest

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 10,637 shares, an increase of 266.5% from the December 15th total of 2,902 shares. Based on an average trading volume of 21,177 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 21,177 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of 3EDGE Dynamic International Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of EDGI. Coldstream Capital Management Inc. acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the third quarter valued at $251,000. Susquehanna International Group LLP acquired a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter valued at $299,000. Ausdal Financial Partners Inc. bought a new position in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter worth about $217,000. Bank of America Corp DE acquired a new stake in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter valued at about $50,000. Finally, Private Advisor Group LLC acquired a new stake in shares of 3EDGE Dynamic International Equity ETF during the 3rd quarter valued at about $2,757,000.

3EDGE Dynamic International Equity ETF Trading Down 0.6%

NYSEARCA:EDGI traded down $0.18 during trading hours on Tuesday, hitting $29.34. 20,996 shares of the company traded hands, compared to its average volume of 18,395. 3EDGE Dynamic International Equity ETF has a twelve month low of $21.17 and a twelve month high of $29.55. The firm has a 50-day moving average of $28.29 and a 200 day moving average of $27.45. The stock has a market capitalization of $172.25 million, a price-to-earnings ratio of 15.94 and a beta of 1.10.

3EDGE Dynamic International Equity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 246.0%.

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.