FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Up 31.6% in December

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,716 shares, an increase of 31.6% from the December 15th total of 1,304 shares. Based on an average trading volume of 755 shares, the short-interest ratio is presently 2.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 755 shares, the short-interest ratio is presently 2.3 days.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Price Performance

Shares of NYSEARCA FEDM opened at $60.73 on Friday. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 1 year low of $43.00 and a 1 year high of $61.30. The stock has a market cap of $75.91 million, a PE ratio of 17.40 and a beta of 0.82. The firm has a fifty day moving average price of $58.94 and a 200-day moving average price of $57.35.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Company Profile

The FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a principles-based index of large-cap companies from the developed markets outside the US that exhibit environmental, social, and corporate governance (ESG) characteristics. FEDM was launched on Sep 20, 2021 and is managed by FlexShares.