3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Sees Significant Decline in Short Interest

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,466 shares, a drop of 80.6% from the August 15th total of 17,857 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 197,317 shares, the days-to-cover ratio is currently 0.0 days.

3EDGE Dynamic Fixed Income ETF Price Performance

EDGF stock remained flat at $24.59 during mid-day trading on Friday. 3,171,673 shares of the company’s stock were exchanged, compared to its average volume of 169,749. 3EDGE Dynamic Fixed Income ETF has a fifty-two week low of $24.38 and a fifty-two week high of $25.14. The company has a 50 day simple moving average of $24.64 and a 200-day simple moving average of $24.74.

Hedge Funds Weigh In On 3EDGE Dynamic Fixed Income ETF

An institutional investor recently bought a new stake in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. acquired a new position in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,068 shares of the company’s stock, valued at approximately $51,000.

3EDGE Dynamic Fixed Income ETF Company Profile

The 3EDGE Dynamic Fixed Income ETF (EDGF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that broadly invests in fixed income securities of various maturities and credit quality. The fund dynamically shifts across various debt securities depending on market conditions. EDGF was launched on Oct 3, 2024 and is issued by 3Edge.