Short Interest in FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Increases By 28.7%

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 1,091 shares, an increase of 28.7% from the January 15th total of 848 shares. Based on an average trading volume of 1,216 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,216 shares, the days-to-cover ratio is currently 0.9 days.

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

Shares of NYSEARCA:FEDM traded up $0.20 during midday trading on Monday, hitting $63.26. 295 shares of the stock were exchanged, compared to its average volume of 1,570. The company has a market capitalization of $80.34 million, a PE ratio of 17.40 and a beta of 0.82. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 52-week low of $43.00 and a 52-week high of $63.71. The business’s fifty day simple moving average is $60.54 and its two-hundred day simple moving average is $58.31.

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

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.