3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Shares Shorted: Short Interest Down 92.0% in September

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 808 shares, a drop of 92.0% from the August 31st total of 10,147 shares. Based on an average daily trading volume, of 58,165 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On 3EDGE Dynamic International Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Potomac Fund Management Inc. ADV lifted its stake in shares of 3EDGE Dynamic International Equity ETF by 15.4% during the 4th quarter. Potomac Fund Management Inc. ADV now owns 194,314 shares of the company’s stock worth $5,515,000 after buying an additional 25,995 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in 3EDGE Dynamic International Equity ETF by 220.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 103,174 shares of the company’s stock valued at $3,192,000 after buying an additional 70,950 shares during the last quarter. Diversify Wealth Management LLC grew its stake in 3EDGE Dynamic International Equity ETF by 22.5% in the 1st quarter. Diversify Wealth Management LLC now owns 71,974 shares of the company’s stock valued at $2,125,000 after buying an additional 13,229 shares during the last quarter. Silver Grove Financial Group Inc. grew its stake in 3EDGE Dynamic International Equity ETF by 37.1% in the 4th quarter. Silver Grove Financial Group Inc. now owns 54,883 shares of the company’s stock valued at $1,558,000 after buying an additional 14,865 shares during the last quarter. Finally, AMG Asset Management Group Inc. bought a new position in 3EDGE Dynamic International Equity ETF in the 4th quarter valued at about $803,000.

3EDGE Dynamic International Equity ETF Stock Down 0.6%

Shares of NYSEARCA EDGI traded down $0.20 during midday trading on Thursday, hitting $31.45. 17,048 shares of the company’s stock were exchanged, compared to its average volume of 64,072. The firm has a market capitalization of $118.57 million, a PE ratio of 15.94 and a beta of 0.52. 3EDGE Dynamic International Equity ETF has a 12 month low of $27.07 and a 12 month high of $32.44. The company’s 50 day moving average price is $31.55 and its 200 day moving average price is $30.64.

3EDGE Dynamic International Equity ETF Announces Dividend

The firm also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a dividend of $0.0764 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a yield of 50.0%.

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.