3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Large Increase in Short Interest
by Tristan Rich · The Markets Daily3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH – 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 29,944 shares, a growth of 513.6% from the March 15th total of 4,880 shares. Based on an average daily trading volume, of 24,490 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.7% of the company’s stock are short sold.
3EDGE Dynamic Hard Assets ETF Trading Down 0.3%
NYSEARCA:EDGH traded down $0.10 during mid-day trading on Friday, hitting $34.26. 13,032 shares of the company’s stock traded hands, compared to its average volume of 50,096. The company has a fifty day moving average of $33.72 and a 200 day moving average of $31.52. 3EDGE Dynamic Hard Assets ETF has a twelve month low of $25.70 and a twelve month high of $35.71.
Institutional Trading of 3EDGE Dynamic Hard Assets ETF
A hedge fund recently raised its stake in 3EDGE Dynamic Hard Assets ETF stock. Strategic Blueprint LLC lifted its stake in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH – Free Report) by 6.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,453 shares of the company’s stock after buying an additional 6,075 shares during the quarter. Strategic Blueprint LLC owned approximately 1.98% of 3EDGE Dynamic Hard Assets ETF worth $3,011,000 as of its most recent SEC filing.
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.