Short Interest in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Expands By 428.7%

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 62,668 shares, an increase of 428.7% from the December 31st total of 11,853 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 57,856 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 57,856 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Trading of 3EDGE Dynamic Fixed Income ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. bought a new stake in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Price Performance

Shares of NYSEARCA EDGF traded up $0.06 during trading on Thursday, hitting $24.74. 52,291 shares of the company traded hands, compared to its average volume of 53,373. 3EDGE Dynamic Fixed Income ETF has a fifty-two week low of $23.81 and a fifty-two week high of $27.28. The business’s fifty day moving average is $24.83 and its 200 day moving average is $24.88.

3EDGE Dynamic Fixed Income ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.3246 per share. This is a positive change from 3EDGE Dynamic Fixed Income ETF’s previous quarterly dividend of $0.20. This represents a $1.30 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Tuesday, December 30th.

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.