3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Sees Significant Increase in Short Interest

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGUGet Free Report) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 11,567 shares, an increase of 52.9% from the February 26th total of 7,565 shares. Based on an average daily trading volume, of 14,691 shares, the short-interest ratio is currently 0.8 days. Approximately 0.6% of the shares of the company are sold short.

3EDGE Dynamic US Equity ETF Trading Down 1.2%

Shares of NYSEARCA:EDGU opened at $27.40 on Friday. The stock has a 50 day moving average of $28.73 and a 200 day moving average of $28.44. The company has a market cap of $51.79 million, a PE ratio of 24.13 and a beta of 1.10. 3EDGE Dynamic US Equity ETF has a 12-month low of $21.57 and a 12-month high of $29.40.

3EDGE Dynamic US Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $0.1028 dividend. The ex-dividend date was Tuesday, December 30th. This is an increase from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.02. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Trading of 3EDGE Dynamic US Equity ETF

An institutional investor recently bought a new position in 3EDGE Dynamic US Equity ETF stock. Basepoint Wealth LLC acquired a new stake in shares of 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGUFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,836 shares of the company’s stock, valued at approximately $81,000. Basepoint Wealth LLC owned 0.15% of 3EDGE Dynamic US Equity ETF at the end of the most recent reporting period.

3EDGE Dynamic US Equity ETF Company Profile

(Get Free Report)

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.

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