3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Sees Large Growth in Short Interest
by Doug Wharley · The Cerbat Gem3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 88,031 shares, a growth of 8,641.9% from the March 15th total of 1,007 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 253,610 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On 3EDGE Dynamic Fixed Income ETF
An institutional investor recently bought a new position in 3EDGE Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. bought a new position in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,068 shares of the company’s stock, valued at approximately $51,000.
3EDGE Dynamic Fixed Income ETF Price Performance
EDGF remained flat at $24.75 during trading hours on Friday. 55,854 shares of the company traded hands, compared to its average volume of 207,238. 3EDGE Dynamic Fixed Income ETF has a 1 year low of $23.81 and a 1 year high of $27.28. The stock’s 50-day moving average price is $24.77 and its 200 day moving average price is $24.84.
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.