FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) Short Interest Up 31.6% in December

FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (NYSEARCA:FEDM) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,716 shares, a growth of 31.6% from the December 15th total of 1,304 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily trading volume, of 755 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.1% of the company’s stock are short sold.

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

Shares of NYSEARCA FEDM opened at $60.73 on Friday. The business has a 50-day moving average of $58.94 and a two-hundred day moving average of $57.35. The company has a market capitalization of $75.91 million, a price-to-earnings ratio of 17.40 and a beta of 0.82. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund has a 1 year low of $43.00 and a 1 year high of $61.30.

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.