IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Sees Large Decrease in Short Interest

IDX Dynamic Fixed Income ETF (NASDAQ:DYFIGet Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 5,955 shares, a decrease of 48.9% from the August 15th total of 11,658 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 12,602 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of IDX Dynamic Fixed Income ETF

A hedge fund recently bought a new position in IDX Dynamic Fixed Income ETF stock. Palladiem LLC bought a new stake in IDX Dynamic Fixed Income ETF (NASDAQ:DYFIFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF comprises approximately 5.6% of Palladiem LLC’s portfolio, making the stock its 8th biggest position. Palladiem LLC owned approximately 10.25% of IDX Dynamic Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

IDX Dynamic Fixed Income ETF Stock Performance

IDX Dynamic Fixed Income ETF stock remained flat at $22.45 during mid-day trading on Wednesday. The company had a trading volume of 7,235 shares, compared to its average volume of 8,630. The business has a 50 day simple moving average of $22.62 and a two-hundred day simple moving average of $22.75. IDX Dynamic Fixed Income ETF has a 1-year low of $22.44 and a 1-year high of $23.47.

IDX Dynamic Fixed Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 27th. Investors of record on Wednesday, August 26th were issued a $0.0761 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, August 26th.

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.

See Also

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.