3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Sees Large Drop in Short Interest

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 6,100 shares, a decrease of 34.4% from the September 30th total of 9,300 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 17,300 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 17,300 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

3EDGE Dynamic US Equity ETF Stock Down 1.3%

Shares of EDGU stock traded down $0.38 during trading hours on Tuesday, hitting $28.41. 1,319 shares of the company were exchanged, compared to its average volume of 23,988. The firm has a market cap of $44.88 million, a PE ratio of 24.13 and a beta of 1.10. 3EDGE Dynamic US Equity ETF has a 1 year low of $21.57 and a 1 year high of $29.05. The firm has a fifty day moving average of $27.78 and a 200 day moving average of $26.28.

3EDGE Dynamic US Equity ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were issued a $0.0238 dividend. The ex-dividend date was Monday, September 29th. This represents a $0.10 annualized dividend and a yield of 0.3%.

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.