Short Interest in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Rises By 224.3%

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 16,489 shares, a growth of 224.3% from the July 30th total of 5,085 shares. Based on an average daily volume of 25,153 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

An institutional investor recently bought a new position in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC bought a new stake in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned about 0.08% of 3EDGE Dynamic Hard Assets ETF at the end of the most recent quarter.

3EDGE Dynamic Hard Assets ETF Stock Down 2.1%

NYSEARCA:EDGH traded down $0.74 on Friday, reaching $34.85. 21,347 shares of the stock traded hands, compared to its average volume of 51,167. 3EDGE Dynamic Hard Assets ETF has a 12 month low of $27.03 and a 12 month high of $36.03. The company’s fifty day simple moving average is $33.40 and its 200 day simple moving average is $33.87.

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.