IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Shares Shorted: Short Interest Up 80.9% in September

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 10,770 shares, a growth of 80.9% from the August 31st total of 5,955 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 10,879 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of IDX Dynamic Fixed Income ETF

An institutional investor recently bought a new stake in IDX Dynamic Fixed Income ETF stock. Palladiem LLC bought a new stake in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF accounts for about 5.6% of Palladiem LLC’s investment portfolio, making the stock its 8th biggest position. Palladiem LLC owned approximately 10.25% of IDX Dynamic Fixed Income ETF at the end of the most recent quarter.

IDX Dynamic Fixed Income ETF Stock Down 0.1%

DYFI stock traded down $0.02 during midday trading on Tuesday, reaching $22.21. 75,201 shares of the company were exchanged, compared to its average volume of 9,263. IDX Dynamic Fixed Income ETF has a 1-year low of $22.20 and a 1-year high of $23.40. The stock’s 50-day simple moving average is $22.56 and its 200 day simple moving average is $22.71.

IDX Dynamic Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 24th. Investors of record on Wednesday, September 23rd were given a $0.0842 dividend. This represents a $1.01 dividend on an annualized basis and a yield of 4.5%. This is a boost from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.0761. The ex-dividend date of this dividend was Wednesday, September 23rd.

IDX Dynamic Fixed Income ETF Company Profile

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.