Short Interest in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Rises By 179.1%
by Tristan Rich · The Markets Daily3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 20,375 shares, an increase of 179.1% from the May 31st total of 7,300 shares. Based on an average daily volume of 20,435 shares, the short-interest ratio is presently 1.0 days. Currently, 0.6% of the shares of the stock are sold short.
3EDGE Dynamic Hard Assets ETF Price Performance
Shares of EDGH remained flat at $31.86 during mid-day trading on Friday. 16,951 shares of the company traded hands, compared to its average volume of 44,796. The firm’s fifty day simple moving average is $34.08 and its 200 day simple moving average is $33.28. 3EDGE Dynamic Hard Assets ETF has a 52-week low of $26.12 and a 52-week high of $35.94.
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 bought a new stake in 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,900 shares of the company’s stock, valued at approximately $119,000. Basepoint Wealth LLC owned 0.08% of 3EDGE Dynamic Hard Assets ETF as of its most recent SEC filing.
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.