IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Sees Significant Drop in Short Interest

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,994 shares, a decline of 91.4% from the September 30th total of 46,426 shares. Based on an average trading volume of 8,378 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

IDX Dynamic Fixed Income ETF Stock Up 0.1%

Shares of DYFI stock traded up $0.02 during trading on Tuesday, reaching $22.27. 5,605 shares of the company’s stock were exchanged, compared to its average volume of 9,033. IDX Dynamic Fixed Income ETF has a twelve month low of $22.16 and a twelve month high of $23.40. The firm’s fifty day moving average price is $22.42 and its 200-day moving average price is $22.76.

IDX Dynamic Fixed Income ETF Increases Dividend

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

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.