3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Significant Drop in Short Interest
by Mitch Edgeman · The Markets Daily3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 7,300 shares, a decline of 33.8% from the May 14th total of 11,035 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 29,423 shares, the days-to-cover ratio is presently 0.2 days.
3EDGE Dynamic Hard Assets ETF Price Performance
Shares of NYSEARCA:EDGH opened at $33.00 on Tuesday. 3EDGE Dynamic Hard Assets ETF has a 1-year low of $26.12 and a 1-year high of $35.94. The business has a 50-day moving average price of $34.47 and a two-hundred day moving average price of $33.17.
Institutional Trading of 3EDGE Dynamic Hard Assets ETF
An institutional investor recently bought a new position in 3EDGE Dynamic Hard Assets ETF stock. Basepoint Wealth LLC purchased a new stake in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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 reporting period.
3EDGE Dynamic Hard Assets ETF Company Profile
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.