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

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) was the target of 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. Based on an average daily trading volume, of 10,879 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are sold short.

IDX Dynamic Fixed Income ETF Price Performance

Shares of DYFI traded down $0.02 during mid-day trading on Tuesday, hitting $22.21. 75,201 shares of the company’s stock were exchanged, compared to its average volume of 9,263. IDX Dynamic Fixed Income ETF has a fifty-two week low of $22.20 and a fifty-two week high of $23.40. The business’s 50 day moving average is $22.56 and its two-hundred day 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. Stockholders of record on Wednesday, September 23rd were paid a dividend of $0.0842 per share. This represents a $1.01 annualized dividend and a dividend 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 was Wednesday, September 23rd.

Institutional Investors Weigh In On IDX Dynamic Fixed Income ETF

An institutional investor recently bought a new stake in IDX Dynamic Fixed Income ETF stock. Palladiem LLC acquired a new stake in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF makes up approximately 5.6% of Palladiem LLC’s investment portfolio, making the stock its 8th biggest holding. Palladiem LLC owned 10.25% of IDX Dynamic Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission.

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.