3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) Sees Significant Decline in Short Interest

3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 6,400 shares, a decline of 62.4% from the September 15th total of 17,000 shares. Based on an average daily volume of 32,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 32,300 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On 3EDGE Dynamic Hard Assets ETF

A hedge fund recently raised its stake in 3EDGE Dynamic Hard Assets ETF stock. Strategic Blueprint LLC lifted its position in shares of 3EDGE Dynamic Hard Assets ETF (NYSEARCA:EDGH) by 21.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,099 shares of the company’s stock after purchasing an additional 17,623 shares during the quarter. Strategic Blueprint LLC owned 3.72% of 3EDGE Dynamic Hard Assets ETF worth $2,557,000 as of its most recent SEC filing.

3EDGE Dynamic Hard Assets ETF Stock Performance

Shares of EDGH opened at $30.05 on Friday. 3EDGE Dynamic Hard Assets ETF has a 52 week low of $23.76 and a 52 week high of $30.92. The stock’s 50-day moving average price is $28.03 and its 200-day moving average price is $26.89.

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.