3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Large Drop in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 4,880 shares, a decrease of 78.6% from the February 26th total of 22,840 shares. Based on an average trading volume of 35,968 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

3EDGE Dynamic Hard Assets ETF Stock Performance

NYSEARCA EDGH traded up $0.77 during trading on Friday, hitting $33.70. The stock had a trading volume of 18,305 shares, compared to its average volume of 45,548. The firm has a 50 day moving average price of $33.58 and a 200 day moving average price of $31.09. 3EDGE Dynamic Hard Assets ETF has a twelve month low of $24.76 and a twelve month high of $35.71.

3EDGE Dynamic Hard Assets ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.3577 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 116.0%.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

A hedge fund recently bought a new stake in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC bought a new position in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned approximately 0.08% of 3EDGE Dynamic Hard Assets ETF as of its most recent SEC filing.

About 3EDGE Dynamic Hard Assets ETF

The 3EDGE Dynamic Hard Assets ETF (EDGH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that invests in various hard assets. The fund seeks capital appreciation and limits losses depending on market conditions. EDGH was launched on Oct 3, 2024 and is issued by 3Edge.