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

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 17,898 shares, an increase of 70.0% from the January 29th total of 10,526 shares. Based on an average daily trading volume, of 47,624 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 47,624 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE purchased a new stake in 3EDGE Dynamic International Equity ETF during the third quarter valued at $50,000. Basepoint Wealth LLC purchased a new stake in 3EDGE Dynamic International Equity ETF during the fourth quarter valued at approximately $124,000. Ausdal Financial Partners Inc. purchased a new stake in 3EDGE Dynamic International Equity ETF during the third quarter valued at approximately $217,000. Diversify Advisory Services LLC purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth approximately $218,000. Finally, Coldstream Capital Management Inc. purchased a new position in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth approximately $251,000.

3EDGE Dynamic International Equity ETF Trading Down 0.2%

3EDGE Dynamic International Equity ETF stock traded down $0.07 during midday trading on Friday, hitting $31.42. The stock had a trading volume of 32,857 shares, compared to its average volume of 34,601. 3EDGE Dynamic International Equity ETF has a 52-week low of $21.17 and a 52-week high of $31.62. The company has a market capitalization of $189.15 million, a PE ratio of 15.94 and a beta of 1.10. The firm’s fifty day moving average is $29.87 and its two-hundred day moving average is $28.47.

3EDGE Dynamic International Equity ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.35 dividend. This represents a yield of 246.0%. The ex-dividend date was Tuesday, December 30th.

About 3EDGE Dynamic International Equity ETF

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.