Short Interest in 3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Decreases By 63.6%

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,454 shares, a decrease of 63.6% from the December 15th total of 3,996 shares. Based on an average daily trading volume, of 8,084 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 8,084 shares, the days-to-cover ratio is currently 0.2 days.

3EDGE Dynamic US Equity ETF Trading Up 0.1%

Shares of NYSEARCA EDGU opened at $29.09 on Tuesday. 3EDGE Dynamic US Equity ETF has a 12 month low of $21.57 and a 12 month high of $29.09. The company has a 50 day simple moving average of $28.44 and a two-hundred day simple moving average of $27.59. The stock has a market cap of $40.44 million, a price-to-earnings ratio of 24.13 and a beta of 1.10.

3EDGE Dynamic US Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.1028 per share. This is a boost from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.02. This represents a $0.41 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, December 30th.

3EDGE Dynamic US Equity ETF Company Profile

The 3EDGE Dynamic US Equity ETF (EDGU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in US equity securities with a focus on sector and market capitalization selections. The fund adjusts its portfolio in response to U.S EDGU was launched on Oct 3, 2024 and is issued by 3Edge.