3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) Stock Short Interest Report for October

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 5,386 shares, a drop of 57.9% from the September 30th total of 12,792 shares. Based on an average trading volume of 14,492 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

3EDGE Dynamic US Equity ETF Stock Performance

Shares of 3EDGE Dynamic US Equity ETF stock traded down $0.51 on Friday, reaching $31.40. 16,621 shares of the company were exchanged, compared to its average volume of 42,991. The company’s 50-day moving average is $31.81 and its two-hundred day moving average is $30.56. The firm has a market cap of $100.48 million, a price-to-earnings ratio of 24.13 and a beta of 0.93. 3EDGE Dynamic US Equity ETF has a 1-year low of $27.11 and a 1-year high of $32.63.

3EDGE Dynamic US Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.0213 dividend. This is a drop from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.0387. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%.

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.