3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 68,341 shares, an increase of 101.3% from the September 30th total of 33,944 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 78,077 shares, the short-interest ratio is presently 0.9 days.
Institutional Inflows and Outflows
A hedge fund recently raised its position in 3EDGE Dynamic Fixed Income ETF stock. Bank of New York Mellon Corp boosted its position in 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Free Report) by 154.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,348 shares of the company’s stock after buying an additional 13,570 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.11% of 3EDGE Dynamic Fixed Income ETF worth $553,000 as of its most recent filing with the SEC.
3EDGE Dynamic Fixed Income ETF Price Performance
Shares of NYSEARCA:EDGF traded up $0.05 during midday trading on Friday, reaching $24.52. The company’s stock had a trading volume of 93,734 shares, compared to its average volume of 154,857. 3EDGE Dynamic Fixed Income ETF has a 1 year low of $24.26 and a 1 year high of $25.05. The business has a 50 day moving average price of $24.50 and a 200 day moving average price of $24.68.
3EDGE Dynamic Fixed Income ETF Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were given a $0.1968 dividend. This represents a $0.79 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, September 29th.
About 3EDGE Dynamic Fixed Income ETF
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.
Featured Stories
- Five stocks we like better than 3EDGE Dynamic Fixed Income ETF
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
- Oracle’s AI Spending Peak Is in Sight—Can the Stock Recover?
Receive News & Ratings for 3EDGE Dynamic Fixed Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 3EDGE Dynamic Fixed Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
