3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) Short Interest Up 1,464.9% in April

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 14,475 shares, an increase of 1,464.9% from the March 31st total of 925 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 68,403 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On 3EDGE Dynamic International Equity ETF

Several institutional investors have recently bought and sold shares of EDGI. Bank of America Corp DE bought a new stake in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth about $50,000. Basepoint Wealth LLC bought a new stake in shares of 3EDGE Dynamic International Equity ETF in the 4th quarter worth about $124,000. Ausdal Financial Partners Inc. bought a new stake in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth about $217,000. Diversify Advisory Services LLC bought a new stake in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth about $218,000. Finally, Coldstream Capital Management Inc. bought a new stake in shares of 3EDGE Dynamic International Equity ETF in the 3rd quarter worth about $251,000.

3EDGE Dynamic International Equity ETF Trading Up 0.8%

EDGI traded up $0.24 during trading on Friday, hitting $29.87. 8,734 shares of the company traded hands, compared to its average volume of 97,225. The company has a market cap of $49.88 million, a PE ratio of 15.94 and a beta of 0.47. The stock’s 50-day simple moving average is $29.55 and its two-hundred day simple moving average is $28.95. 3EDGE Dynamic International Equity ETF has a 1 year low of $24.09 and a 1 year high of $31.62.

About 3EDGE Dynamic International Equity ETF

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.