Short Interest in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Grows By 126.3%

IDX Dynamic Fixed Income ETF (NASDAQ:DYFIGet Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 11,658 shares, a growth of 126.3% from the July 30th total of 5,152 shares. Based on an average daily trading volume, of 8,567 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Trading of IDX Dynamic Fixed Income ETF

An institutional investor recently raised its position in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. increased its position in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFIFree Report) by 1,351.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,774 shares of the company’s stock after purchasing an additional 10,963 shares during the period. JPMorgan Chase & Co. owned approximately 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 at the end of the most recent quarter.

IDX Dynamic Fixed Income ETF Stock Down 0.2%

DYFI traded down $0.05 on Friday, hitting $22.58. 4,739 shares of the company’s stock traded hands, compared to its average volume of 8,506. The company’s 50 day simple moving average is $22.68 and its 200-day simple moving average is $22.82. IDX Dynamic Fixed Income ETF has a one year low of $22.50 and a one year high of $23.47.

IDX Dynamic Fixed Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, August 27th. Investors of record on Wednesday, August 26th were issued a $0.0761 dividend. The ex-dividend date of this dividend was Wednesday, August 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

About IDX Dynamic Fixed Income ETF

(Get Free Report)

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.

Further Reading

Receive News & Ratings for IDX Dynamic Fixed Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDX Dynamic Fixed Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.