FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Down 64.3% in March

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 788 shares, a decrease of 64.3% from the March 15th total of 2,208 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 3,730 shares, the short-interest ratio is currently 0.2 days.

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

Shares of FEDM traded up $0.46 during mid-day trading on Tuesday, hitting $62.22. 8 shares of the stock were exchanged, compared to its average volume of 2,186. The company has a market cap of $79.02 million, a PE ratio of 17.40 and a beta of 0.83. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52-week low of $49.90 and a 52-week high of $64.02. The firm has a 50-day moving average of $60.64 and a two-hundred day moving average of $59.46.

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 20th were issued a dividend of $0.1591 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, March 20th.

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

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.