3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF) Sees Significant Decline in Short Interest

3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 33,944 shares, a decline of 50.0% from the September 15th total of 67,877 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 95,842 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On 3EDGE Dynamic Fixed Income ETF

An institutional investor recently raised its position in 3EDGE Dynamic Fixed Income ETF stock. Bank of New York Mellon Corp lifted its stake in shares of 3EDGE Dynamic Fixed Income ETF (NYSEARCA:EDGF – Free Report) by 154.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 about 0.11% of 3EDGE Dynamic Fixed Income ETF worth $553,000 at the end of the most recent reporting period.

3EDGE Dynamic Fixed Income ETF Trading Up 0.1%

Shares of NYSEARCA:EDGF traded up $0.01 on Wednesday, hitting $24.36. 29,570 shares of the company’s stock were exchanged, compared to its average volume of 159,622. The firm’s 50-day moving average is $24.56 and its 200 day moving average is $24.68. 3EDGE Dynamic Fixed Income ETF has a 1-year low of $24.26 and a 1-year high of $25.07.

3EDGE Dynamic Fixed Income ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a dividend of $0.1968 per share. The ex-dividend date was Tuesday, September 29th. This represents a $0.79 annualized dividend and a yield of 3.2%.

About 3EDGE Dynamic Fixed Income ETF

(Get Free Report)

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.

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